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Re: fund of funds question

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Posted by Pam on August 27, 2004 at 14:32:10:

In Reply to: fund of funds question posted by Pam on August 27, 2004 at 14:26:23:

okay, so i just realized that this message board isn't for my type of questions.. but i'm hoping that someone will still help and comment..


: 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...




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