financial hacking, part 2
May. 29th, 2005 03:50 pmTold Fidelity to route future Harvard retirement contributions into that same S&P-based index. It seems good-lazy and quite sane for the time being.
I read and appreciated a Motley Fool article about the "Index Plus a Few" (IPF) investment strategy, which is the one I shall probably pursue, at least while I still consider myself a beginner to all this. Briefly, it just advises putting the bulk of your portfolio into an index (check) and then carefully choosing one or two additional stocks to buy into, just to add some trim. Thereafter, you put in minimal maintenance time just keeping tabs on them. Seems like a great (and again lazy) way to learn the ropes.
Going to put that off for later, though... lots of more immediate stuff to settle over the next few days. (I've reflexively been in a whee vacation!! mode since Friday and... well, that's good, but I need to snap myself out of it soonish.)
I read and appreciated a Motley Fool article about the "Index Plus a Few" (IPF) investment strategy, which is the one I shall probably pursue, at least while I still consider myself a beginner to all this. Briefly, it just advises putting the bulk of your portfolio into an index (check) and then carefully choosing one or two additional stocks to buy into, just to add some trim. Thereafter, you put in minimal maintenance time just keeping tabs on them. Seems like a great (and again lazy) way to learn the ropes.
Going to put that off for later, though... lots of more immediate stuff to settle over the next few days. (I've reflexively been in a whee vacation!! mode since Friday and... well, that's good, but I need to snap myself out of it soonish.)