Today we talk with Vern Hayden on financial planning and mutual funds. Even though they've disappointed the last couple of years. I prefer a little different approach, such as a fund like the Vanguard Index Growth Fund. For example, if you're not going to use much of the money in the IRA, and your kids would ultimately inherit, then there could be a tremendous benefit because the kids could elect to take distributions over their lifetime, which means a large amount of money could build up. I'd rather protect a portfolio with money market funds or short term Treasuries.
Few people can call it, extremely volatile but it probably beats playing the lottery.
I pick good managers of funds and good companies. However, I generally suggest using good growth mutual funds over a long period of time. Your feelings and objectives. It should conform to your values. We didn't trust him, but is this a better choice.