Wow, it’s been way too long since I’ve wrote anything, but it’s time for me to get back on the horse…er keyboard.

I’ve been listening a lot to Dave Ramsey, I seem to enjoy his no nonesense cut and dry, black and white views of personal finance.  He tends to reccomend splitting your investment into a couple of basic mutual fund groups all involving stocks and shares. 

At first I wondered what about bonds, money markets, basic portfolio allocation?  However, the target audience are people trying to come out of debt.  Lots of bad financial irresponsiblity, stock investing just keeps it simple, plus they need the growth.  These target audience really needs to learn their stock market 101.

From a average person stand point bonds and mutual funds really should only be used for money you have another plan for in the next 5 years.  Other than that your only reducing your growth potential without a worthwhile reduction in risk. 

I suggest you start your stock buying using a traditional or ROTH IRA unless your employer offers a contribution match.

Whoo, this post isn’t as long or detailed as my other ones, I’m going to have to get my post writing cardio back into shape!

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