What’s The Best Way To Invest For Retirement?
Traders Blog | Sunday 14 June 2009
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Bill Losey, an On The Money contributor for CNBC, wrote today about the advantages of ETF’s and index funds as a part of your retirement plan. He states that “an index fund or
ETF will enable you to own a broadly diversified basket of stocks or bonds. This will help to reduce risk by not having all your eggs in one basket. Because the goal of the manager is to replicate a benchmark and is not being asked to actively manage these holdings, this allows management fees and transaction costs to be kept to a minimum. This cost savings could translate into thousands of extra dollars in your pocket over time.”
For the whole story click: HERE
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