Most investors understand the sales-related costs of investing in load funds. We'd like to make extra principal payments on our home mortgage each month, but we can't do that and invest for retirement. This is a question I receive quite often. One of our model portfolios is based almost exclusively on their use. If you're not familiar with them, you might find some of the discussions in SMI a little difficult to penetrate.
Time is the friend of the long-term investor.
The longer you are willing to keep your money in the stock market, the greater your likelihood of success. I wrote about last month has been grounded, at least temporarily. The primer that appeared here last month chronicled its spectacular rise as well as the risks associated with investing in the high tech and Internet stocks that are its prime movers. On March 9, the Nasdaq Composite Index closed above 5000 for the first time. According to Your Goals.