Friday, January 30, 2009

Building Your Own Portfolio

Three Simple Portfolios
As we survey the wreckage of our portfolios in the new year, it's worth considering this: You can beat the great majority of investment professionals by employing simple strategies that use low-cost index funds. Index funds track a broad swath of the stock market, such as big-company stocks, small-company stocks, emerging-markets stocks, and so on.

Some of the biggest brains in the world of finance -- from Nobel Prize-winning professors, such as William F. Sharpe, to, arguably, the greatest money manager of our time, Warren Buffett -- advocate a "passive" style of investing epitomized by index funds.
here is more to read A Random Walk Down Wall Street and
REITS