Quote:
Originally Posted by burn_baby_burn
My goal is retirement in about 30 years. I do have an investment adviser. But they sell mutual funds, not stocks. I am leary of MF's because of the fees that are charged regardless of performance. But, I don't know enough about investing to invest in the stock market. How would a person like myself take advantage of the buying opportunity that is presented today?
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Invest in mutual funds. Stocks are fine and all, but there are fees there as well. The fees on mutual funds are no worse and you get professionally managed money. If you don't know how to pick stocks, its a small price to pay.
If you invest in decent mutual funds while the markets are down you will still have gains to take advantage of the market upswing that will eventually follow.