1. Thursday, July 5, 2012 - 1:51 PM
Many keys to prudent investing. Choosing a low-cost index fund is good for starters, but choosing a low-cost "balanced" index fund is the key. True "do-it-yourselfers" build a portfolio with low-cost index funds, low-cost bond funds, and CDs.
CDs, by the way, have the lowest ER around (as in zero), the lowest duration (as in zero), and the lowest credit risk (as in zero).
Even at these horridly-low rates, CDs are the best fixed-income product out there, these days. Just my opinion.
CDs, by the way, have the lowest ER around (as in zero), the lowest duration (as in zero), and the lowest credit risk (as in zero).
Even at these horridly-low rates, CDs are the best fixed-income product out there, these days. Just my opinion.
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