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<blockquote data-quote="pizzaman" data-source="post: 907527" data-attributes="member: 2993"><p>I don't have time or the knowledge and experience to know what I'm doing with individual stocks. I'm 63 and when I started saving for retirement (in my 30's) I read about mutual funds that index the market. Fidelity and Vanguard have funds with very low fees and target retirement dates that (theoretically) become more conservative as the projected retirement date nears. I put money in those funds and just ignore the ups and downs of the market. Over about 25 years now, it's been a good investment.</p><p></p><p>Unless you know what you are doing in the market, I would put some money in indexed mutual funds directed to retirement. If I was smarter I would have been a bit more agressive with some investments, but I know my limits and I'm not much of a gambler.</p></blockquote><p></p>
[QUOTE="pizzaman, post: 907527, member: 2993"] I don't have time or the knowledge and experience to know what I'm doing with individual stocks. I'm 63 and when I started saving for retirement (in my 30's) I read about mutual funds that index the market. Fidelity and Vanguard have funds with very low fees and target retirement dates that (theoretically) become more conservative as the projected retirement date nears. I put money in those funds and just ignore the ups and downs of the market. Over about 25 years now, it's been a good investment. Unless you know what you are doing in the market, I would put some money in indexed mutual funds directed to retirement. If I was smarter I would have been a bit more agressive with some investments, but I know my limits and I'm not much of a gambler. [/QUOTE]
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