Further to my previous thoughts for investing. Some additional rules:
1) If you are starting out you may want to use a minimum amount with which to invest in a corporate bond index ETF and also a minimum amount in a total market securities ETF. If you have sufficient funds do the same in an REIT ETF. In all cases, reinvest your dividends.
2) In dealing with bonds, keep your duration factor below the term of your holdings. If you will be holding the securities for more than 7 years, for example, the duration can be 7 years or less. If you will be holding the securities for more than 10 years, the duration can be 10 years, etc.
3) Avoid media noise at all times. Once you have an investment strategy in place, and you are set in your strategy, why let incessant, daily media chatter and sheer nonsense dissuade you from your original goals?
The only adviser you need is an accountant for taxes or a lawyer for your estate. And see the Earl J Weinreb NewsHole® comments.
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