If you want to invest in what's hot, like I said before, buy some corn:
For the WylieMoney Slowly portfolio, I am adding one fund per month in the order I originally researched each of the 20 categories I picked. This month is Real Estate. Plus, buying low is half the battle, right?
A quick glance at Etrade for no-load, inexpensive Real Estate funds confirms that SSgA T. Act. REIT - SSREX is still the best fund available (My Post).
Just to reiterate, I am not advising anyone go out and buy a Real Estate fund for a taxable (non-retirement) account. I am tracking the performance of hypothetical accounts and trying to learn a thing or two about mutual fund investing strategies along the way. I do actually own a Real Estate fund in a taxable account and I can confirm that it is taxed higher than standard mutual funds and getting accurate tax information about it holds up my taxes every year so it is a headache and a half.
Regardless, today is the day I'll add the Real Estate fund.
No comments:
Post a Comment