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The Right Mutual Funds For Baby Boomers
Copyright © 2005, C.C. Collins
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If you are a baby boomer, time is not on your side. Many baby
boomers see retirement age fast approaching with little to
nothing in the way of retirement assets that will allow them to
actually retire and live a comfortable lifestyle.
With the benefit of time in short supply, substantial investment
performance in a shorter than normal time frame becomes
strikingly important.
Mutual Fund Advice
A case could be made that a special type of mututal fund, an
index mutual fund, in conjunction with careful market trend
analysis (not predictive market timing) could be used to achieve
higher returns faster than a standard mutual fund.
As to the specific type of index fund to consider using,
investors would do well to "keep it simple" and use an index fund
that tracks well known indexes like the S&P 500, Nasdaq100, and
Wilshire 2000.
Index funds that track any of the major indexes are just taking
advantage of the concept of diversification. The only remaining
risk is whether the entire market goes up or goes down and one
can switch to a fund that is designed to profit from a down
market when such action is called for.
There are very few active investment managers that outperform
index funds or exchange traded funds over a five year or greater
period. This is why an index fund is recommended in the case of
baby boomer-aged investors who need stellar performance over
shorter time frames.
Mutual Fund Selection
Mutual Fund Action plan
Mutual Fund Research
Mutual Fund Investment tools
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