Investing 102

[GregWeld]

So I was just messing around SCHWAB and found that a guy can go to RESEARCH -- Choose ETF's -- and then choose ETF PORTFOLIOS...


So after that they ask what kind of investor you are... Conservative etc. In a drop down menu ---- then you can put in the amount you'd like to invest... I put in 10,000 for playing around.

It then built and entire portfolio of ETF's by how much to put in each one etc.

The minimum was 5K total.


My point here is --- for retirement accounts -- or those guys just struggling to CHOOSE particular names etc ---- ETF's would be a good investment. They're basically baskets of stocks that make up a particular group -- say TECH --- OR Bonds -- or Industrial -- or Big Caps... They're commission free some of them and they're very liquid... and pretty damn stable if you have a diversified portfolio of them. Which is exactly what this little "builder tool" does for you.

Pretty smart -- and pretty easy for those just starting out I think.