Mutual Funds/Index Funds

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Question
Hello:

Is it a good idea to invest in both a S&P 500 index fund and a total equity market index fund?

I thank you for your reply!

Answer
Hi Kenneth,

Most people who invest in index funds would not take this approach.  They would likely either invest in an S&P 500 Index Fund as well as small cap index fund or just go with a total equity market index fund.  The total equity index fund gets you some smaller cap exposure.

I hope this helps.

Michael  

Mutual Funds

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Michael Weiss, CFA

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I can answer most questions about mutual funds.

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I am the owner of Series 7 Exam Tutor , a financial tutoring business that provides personalized tutoring for the Series 7 Exam, the Series 6 Exam ,the Series 65 Exam, the Series 66 Exam, the Series 63 Exam and the Series 24 Exam . I also offer tutoring for finance courses. For additional information, please visit, Finance Exam Tutor. Prior to launching Series 7 Exam Tutor, I worked in investments for 20 years with the majority of this time focused on investment analysis and portfolio management. I have worked for large companies such as Merrill Lynch and Evergreen Investments and have also worked for smaller firms as well. Throughout my career, I have sought to mentor younger colleagues whenever possible, especially those enrolled in the CFA program. I completed the CFA program in 2002 after passing all three exams on the first try. I also passed the Series 7 Exam with a score of 94%. For additional information about me, you can visit the links below:
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CFA Institute and CFA Society of Philadelphia

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Education/Credentials
M.B.A. in Finance & Investments from the Zicklin School of Business at Baruch College and a B.A. in Finance & Economics from the City University of New York - Baccalaureate Program.

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