fund of funds question

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question...

i've currently got my portfolio in muni bonds (50%), index fund (25%), and market expansion fund (25%)... all with a fund of funds...

i'm very young though, and recently i was told that i should not have so much in muni bonds, esp short-term muni bonds...because i have time and therefore should be more aggressive...

i was thinking of putting it all in the index fund, but because i'm not familiar with any others, i don't know which one is best...

when i put the money in, i did so blindly (i know, stupid..)and have suffered the consequence.. my investment has lost nearly 30%. does anyone have any advice? good books? i just recently read personal finance for dummies and investing for dummies, so am a little more familiar with basics now, but would appreciate any other suggestions...

Replies:

• Re: fund of funds question Pam 14:32:10 08/27/04 (2)
  • Re: fund of funds question Lawrence Brandon 17:51:10 08/31/04 (0)
  • Re: fund of funds question Lawrence Brandon 17:48:18 08/31/04 (0)