2007-03-06 11:19:39 · 3 answers · asked by new investor 1 in Business & Finance ➔ Investing
As a new investor, you time horizon for this investment should be 20 years or more. By then, it won't make "a hill of beans" difference if it was good or bad way back then in 2007.
2007-03-06 11:48:20 · answer #1 · answered by gosh137 6 · 0⤊ 0⤋
If you moved $5K, but had lots more in the US fund, then you have diversified, and that would be OK.
You may want to read up about diversifying, there are lots of websites that will teach you. CBS marketwatch, and cnn.money are examples.
You may want to do something like:
30% International ( global ) funds
40% US Stock funds
30% Bond Funds
Even within these categories, there are many options - largecap, smallcap, healthcare, energy, tech, banks, etc for stocks, and things like US Treasuries, corporates, etc for bonds.
Take the time to educate yourself before you do anything. Good Luck.
2007-03-06 11:48:21 · answer #2 · answered by InspectorBudget 7 · 0⤊ 0⤋
how did it do?
2007-03-06 11:27:06 · answer #3 · answered by zocko 5 · 0⤊ 0⤋