Should I Have Multiple Mutual Funds?

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[joycekoch]

One thing you never here about is over diversification. This is the path of dismal returns and lack of focus knowing what you are trying to accomplish.

[rafadunigan]

I want to thank you Dave for all the good tips about debt free. I am doing the snowball step and now i have only one credit card left.
Thank you

[rhdtv]

Be aware of those fees..dont spread your choices to a bunch of funds as the fees start to add up..also keep an eye on Indexes in your 401k - those have low fees that you should consider

[LifeHappens]

Good question and great answer. Thanks for sharing

[rosslane]

Why do you advocate buying mutual funds so much? If you look at the statistics etfs and indexes greatly outperform mutual funds after fees.

[RandomBoxingGuy]

If like to hear the SPECIFIC funds Dave recommends...not just the type/category of fund...??? Anybody know which EXACTLY which he reccomends?

[doszh]

Question?!?!? So i have a matching 3% 401k with Fidelity and a roth 401k (that i contribute more to) with prudential from a different job... Both have similar indexes, with Fidelity offering a few more options. I know you say do the 3% and put whatever else in a roth... But My main question is should i choose different category indexes between the two firms or is it okay for example; to have two large cap with different firms. and yes i heard, it's good to diversify but not overly complicate.

[Favfn]

Quick Question!! should I only have one brokerage to invest or is it logical to have more than one? Any Answers are appreciated!

[el-hplj]

If you have an variable annuoty amd have 4 different mutual funds. Does each fund add to the total expense? Say if each fund had .75 expense ratio. Would 3% get washed away from my account yearly?

[reptilesgamers]

Dumb question.
Vanguard has good index funds and mutual funds. If I put most my money into vanguard spread across index funds and mutual funds, is that too many eggs in one basket?

[Jay-zwco]

Is it a good idea to hold an index fund in a taxable account?

[dstorm]

Paying loads is something I would never do.

[royjones]

Who would primarily buy load funds? That is a great inanity.