| Aside from core funds, consider investing in a diverse mix of sector funds, REITs and individual stocks. Most financial advisors recommend new investors open their portfolios with a broad-based index fund or exchange-traded fund. An index fund or ETF could include a wide and balanced range of stocks in the Standard & Poor's 500 index or ones tracking indices as though on cruise control and at minimal expense.
But as your portfolio grows, you’ll want a more sophisticated mix of funds that reflect your investing perspective. You'll also want to introduce an additional ballast of solid but less basic investments. Here’s how three financial advisors navigate this transition...............................................Full Article: Source
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