Mix it up. You oughta be a bit more stock heavy at your age, but, if you have access to a TIAA-CREF annuity, put a little in there just in case.
Avoid sector funds, though. I had erratic experiences with the two I owned. Just make sure your mutual fund invests in companies that make real products. I periodically review the holdings on my fund and look up some of them. If too many set off my bullshit detector, then I dump the fund.
I have a respectable bond portfolio right now and getting it when I did was the right choice, but I hesitate to think what they're actually worth right now. I'd put bond money into cash right now until the debt market settles out. Bonds should become part of your portfolio once you hit thirty eight or so. That's when having some guaranteed interest coming into your accounts is a good idea. As you get older, you'll need to increase that share. At least that's the conventional wisdom. These days? Hellifiknow.
Stay away from Gold and Silver investments. Those tank fast once any crisis is over. Investing in them long term is not such a bad idea, but you need to understand those markets. Nor would I put money into money. You need to be as smart a George Soros to avoid losing your shirt there.
I'd invest in security doors, ballistic clothing, firearms and freeze dried foodstuffs.
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Avoid sector funds, though. I had erratic experiences with the two I owned. Just make sure your mutual fund invests in companies that make real products. I periodically review the holdings on my fund and look up some of them. If too many set off my bullshit detector, then I dump the fund.
I have a respectable bond portfolio right now and getting it when I did was the right choice, but I hesitate to think what they're actually worth right now. I'd put bond money into cash right now until the debt market settles out. Bonds should become part of your portfolio once you hit thirty eight or so. That's when having some guaranteed interest coming into your accounts is a good idea. As you get older, you'll need to increase that share. At least that's the conventional wisdom. These days? Hellifiknow.
Stay away from Gold and Silver investments. Those tank fast once any crisis is over. Investing in them long term is not such a bad idea, but you need to understand those markets. Nor would I put money into money. You need to be as smart a George Soros to avoid losing your shirt there.
I'd invest in security doors, ballistic clothing, firearms and freeze dried foodstuffs.
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