[/quote]
You are correct, both funds are good choices.
In selecting funds to use strive for a combination of both broad diversification (to decrease risk) and low expense ratios (to increase your net returns).
In a bond fund also look for intermediate duration and high credit quality.
The International Index Fund tracks the MSCI EAFE Index, which covers stocks of 21 developed countries excluding the U.S. and Canada, covering about 85% of ex-US international stocks. MSCI EAFE fact sheet
The Bond Index Fund tracks the Bloomberg U.S. Aggregate Bond Index. That is the index used by total bond market index funds. The fund is all investment-grade bonds (BBB or higher), and reports no junk bonds are used.
[/quote]
Thank you for explaining in detail what to look for in each fund.
Other then making sure it was a index fund with a low expense ratio I had no idea.
I appreciate your help.
You are correct, both funds are good choices.
In selecting funds to use strive for a combination of both broad diversification (to decrease risk) and low expense ratios (to increase your net returns).
In a bond fund also look for intermediate duration and high credit quality.
The International Index Fund tracks the MSCI EAFE Index, which covers stocks of 21 developed countries excluding the U.S. and Canada, covering about 85% of ex-US international stocks. MSCI EAFE fact sheet
The Bond Index Fund tracks the Bloomberg U.S. Aggregate Bond Index. That is the index used by total bond market index funds. The fund is all investment-grade bonds (BBB or higher), and reports no junk bonds are used.
[/quote]
Thank you for explaining in detail what to look for in each fund.
Other then making sure it was a index fund with a low expense ratio I had no idea.
I appreciate your help.
Statistics: Posted by Thelastmileoftheway — Thu Mar 07, 2024 4:18 pm — Replies 15 — Views 518