11/3/2009 9:00 AM ET|
How to build a portfolio
If you're new to investing, it can look complicated. But it doesn't need to be. This is part 3 of 5 parts.
The editors at MSN Money have put together this Beginner's Guide to Investing to help you start putting your money to work.
Choose five mutual funds that will cover all your investing bases.
By investing in companies of different size, multiple sectors of the economy and other parts of the world, you reduce the chance that problems in any one area will sink your investing goals (watch the video below for details).
We've built a starter portfolio of funds (see below). Our main criteria: strong, consistent performance; low fees; and a stable, investor-friendly management company standing behind the fund.
You can build this portfolio with a little more than $10,000 to start.
Or take a look at some similar funds in each of the fund categories we used for our portfolio: large-company stocks, small-company stocks, international stocks, bonds and commodities.
Use our mutual funds research page, as a starting point for your explorations.
To buy funds from different companies, work with a discount or online broker that offers access to funds from a broad range of fund families. (Look for a broker here.)
Money's starter portfolio
The interactive chart below allows you to display the performance of the investments in MSN Money's starter portfolio. You can change the time frame of the chart and investigate each item.
If you want more information, click on the link to see the detailed quote page.
Once you're done, continue to part 4 of the beginner's guide.
VIDEO ON MSN MONEY
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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The stock market punctuated July with a broad-based retreat that sent the S&P 500 lower by 2.0% with all ten sectors ending in the red. The benchmark index posted a monthly decline of 1.5%, while the Russell 2000 (-2.3%) underperformed to end the month lower by 6.1%.
To get a better feel for what led to today's retreat, we'd like to look back to Wednesday, when the market had ample reason to rally, but did not. Instead, it ended basically flat after a sloppy day of ... More
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