
If you deviate from the S&P 500, you're likely going to underperform it. Not to mention you will rack up more fees than an S&P 500 fund would. The typical S&P 500 fund only charges 0.1% or even less. That's much lower what's charged by specialized funds like "Dividend Overacheivers" and all that nonsense.
Same with international stocks. Stick with broad indexes instead of specialized stuff.
If that fund includes the S&P 500 plus 500 smaller stocks, then sure, why not. As long as the fees are still low.
Check out Vanguard VTI, which tries to mirror the entire US stock market. Or VT, which tries to mirror the entire world.
i keep an eye on this thread...
Do any of you participate in / or know anything about / investment clubs?
Kind of like a book club but you pool your money and each month buy a different stock.
I could be making it up in my head but I thought such things existed.
You'll be fabulously wealthy in no time.
It probably does exist but what's the benefit of pooling money. You don't get membership points where if you buy 10,000 shares you get 1,000 free.
