Money Myth Busting
In this episode we address the five big money myths:
You don't need much diversification.
Only buy what you know.
It's best to own the S&P 500.
International and U.S. stocks mover similarly.
Market timing is necessary.
Plus, we take calls on:
Investing in international bonds.
Capitalism vs. socialism.
Using Fidelity's Total Market funds.
Using municipal bond funds.
Finding a less expensive 529 plan.
How to get started investing for retirement.