Diversify Like the Pros With Mutual Funds

Imagine yourself in charge of managing a $50consider yourself moderately aggressive, go with
billion portfolio of investments, with your paycheckabout 50% to 60%. If you are moderately
(and job security) based on one thing ...conservative consider 30% to 40%.
performance. If you don't deliver excellent returnsLet's say you want to be moderately
year in and year out, you're out of a job. Oneconservative and decide to invest 30% of your
really bad year, and you can kiss your future ininvestment assets in U.S. stocks. You diversify by
the investment business good-bye.investing in three different domestic stock funds.
Now picture your own personal financial future. IfNow, what do you do with the other 70% of
you don't manage your retirement assetsyour money?
carefully, you could lose half of your retirementTo increase safety and income, look next to bond
nest egg in a matter of months. How do youfunds and money market funds. As a moderate
protect your investment portfolio, and at theconservative you might decide to put 20% in an
same time make good rates of return over theintermediate-term high quality bond fund, and
long term? You do what the successful20% in a money market fund. You have now
professional money managers do ... you diversifyallocated 70% of your money.
and maintain a balanced portfolio.What do you do with the other 30%? You
If you had billions under management you woulddiversify further. Consider international or foreign
need a staff of analysts, researchers etc. to siftstock funds, real estate funds, natural resources
through data on stocks, bonds, commodities, realfunds and gold funds. These are examples of
estate, foreign markets and so on. As an individualmutual funds that can produce growth when the
investor you can maintain a diversified and fullystock market in general is performing poorly.
balanced portfolio the easy way by simplyOnce you are fully diversified, you've done about
investing in mutual funds.all you can do without speculating. Make sure you
The pros know that stocks are the primaryreview your portfolio periodically. Rebalance when
growth engine of an investment portfolio, butyour percentages get out of line. Move money
they also know the risk involved with investingfrom funds that have gone beyond your allocation
too heavily in the U.S. stock market. So, theytargets to those that have fallen.
invest in bonds, money market securities, realFor example, if your bond fund has fallen to 15%
estate and other alternative investments as well.of total assets, add to it to bring it back to 20%
If stocks have a bad year, bonds and money(in our example). If your domestic stock funds
market securities can soften the blow byhave grown to 35%, cut them back to 30%,
providing income. Alternative investments like realyour original allocation in our example.
estate, gold, natural resources, and foreignDiversify by investing in mutual funds. These
investments can pick up the slack and provideinvestment packages offer average investors
growth.virtually all the investment alternatives they need
As an individual investor concentrate first onto get long term growth at a moderate level of
stock funds. What percent of your investmentrisk.
assets are you willing to allocate to U.S. stocks inInvest like a pro. Your financial future is at stake.
order to get growth (higher returns)? If you