Mutual Fund Supermarkets With a mutual fund, you get access to a bundle of securities that’s managed by a portfolio manager, which means your money will be well-diversified. The diversification element of spreading your money out across hundreds or thousands of individual companies is similar to what you’d get with an index fund. But the
As an alternative to a ‘set it and forget it’ investment like a target retirement fund, you can fill your Roth IRA account with index funds or mutual funds of your choice. An index fund is a cousin of a mutual fund where you own all or almost all of one particular kind of investment.
If you’re overwhelmed by the idea of investing for retirement, there is no easier choice than a target retirement fund. Here’s how they work: You select the fund with the year closest to when you want to retire and simply put all your money into it. Then the fund manager adjusts the stocks to bonds
Unless you want to keep working forever, you’ve got to learn how to save more today for your retirement tomorrow. According to a Fidelity study, 55% of Americans are at risk of not being able to afford essential living expenses in retirement, such as housing, health care and food. Maybe that number includes you. Maybe