My financial cents

Stock market is hitting new highs and I hope you are making money. Here is what you need to do according to me based on all the books and videos on finance I have seen. Tons of research as well on asset allocation.

  • Only buy index funds!  (even in your 401k, only have these funds)
  • If you need an advisor, please get a FEE ONLY advisor
  • If you can, definitely invest in a Roth IRA and max it out every year.
  • Do not get any annuities or permanent life insurance products (scam)

I have a 4 fund portfolio which i think works for 98% of average investors:

  1. VG total stock market index fund
  2. VG total international stock index fund
  3. VG total bond market index fund
  4. REIT index fund

You decide your own asset allocation.

The whole strategy here is long term .  In 20-25 years this is going to be any actively managed funds and save you A LOT on fees.

Enjoy.

@mjassal (please free to ask me any question at all)

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