Replies to post #8868 on A.I.M. Users Bulletin Board (AIMUSERS)

[aptus]

Hi TF,

"For someone just starting out, who doesn't have a lot of money but will have more to invest over time, it is possible to use TIME to diversify."

Yes, that's a good point. As your time horizon increases, your risk level decreases. And as your portfolio value grows over time, you can then diversify properly via different equities.

"Personally I like "Exchanged Traded Funds" and the offerings by I-shares in particular."

I'm in total agreement here. One of the posters on this board introduced me to ETFs a couple of years ago and since then I've become more and more of an ETF fan (although I currently don't own any).

Tom Veale has information on this at http://www.aim-users.com/etfunds.htm

If you don't want to spend the time messing about with individual stocks, this is the way to go.

On the other hand, I'm completely against actively managed mutual funds (the next AI eGazette will have an article explaining why). I feel these funds are the biggest rip-off currently going on on Wall Street.