Been having a very good year economically and want to invest most of
the money. One broker is telling me to put the money in a no-load
mutual fund. Another broker is talking up
Exchange Traded Funds.I do not understand ETFs at all.
Looking for help with investment choices.
Some rules that always seem to work.
During a bull market, invest in large cap
During a declining (bear) market, go small cap & healthcare
Never forget, 89% of all fund managers fail to beat the market (S&P 500). So while they're unpopular because they're always measured against market leaders (and if you know how to always pick the market leading MF, let me know), they are guaranteed to beat 89% of all Mutual Funds, so it makes sense to always keep a significant % of you money into a good index fund.
