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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,897
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Jeff gave good advice...at your age, you have plenty of time to outride the ups and downs of the market. Vanguard has a "targeted retirement" fund...Others have dubbed it a "no brainer" fund. You tell them your targeted retirement date...they do the stocks/bonds blending for you. At first, more heavily into equities (stocks) than bonds because stocks are traditionally where the real gains are made. Then, as you get closer and closer to retirement, they switch more over to the top rated bonds side...
Want to learn more? Lots of reading out there.
www.vanguard.com
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
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