How Many Mutual Funds Should You Own?

How Many Mutual Funds Should You Own?

A viewer recently sent me a portfolio with nearly 20 ETFs and mutual funds. She didn't create it. An advisor from a major bank recommended it. Ridiculous.

The truth is that the number of mutual funds you own tells you nothing about how well diversified the portfolio is or what types of investments you have. A single mutual fund can give an investor exposure to U.S. stocks, bonds, international stocks, REITs, and even commodities.

The fewer mutual funds you have, the easier it is to understand and manage your portfolio. This becomes really important when you go to rebalance your investments. It's also critical as you head into retirement and start making withdrawals from you investments each year.

In this video, I explain why for the vast majority of investors, all you need is 3 funds.

Tools & Resources

📚 My Book (of course): https://amzn.to/2MsRJ9B
📈 Personal Capital (Investment Tracking): https://robberger.com/go/personal-capital/yt-[short description of video]
💰 M1 Finance $30 Bonus (IRA & Taxable Accounts): https://robberger.com/go/m1finance-bonus/yt
📊 Morningstar (Fund Research): https://robberger.com/go/morningstar/yt-
💵 Tiller (Budgeting): https://robberger.com/go/tiller/yt-
🏆 Best Investment Tracking Apps: https://bit.ly/3wSbKZa

Portfolios

1️⃣ 3-Fund Portfolio: https://bit.ly/3yT6hmO
2️⃣ Merriman Ultimate Buy & Hold Portfolio: https://bit.ly/3g9qtse
3️⃣ Ray Dalio All Weather Portfolio: https://bit.ly/3cbzdwF
4️⃣ Warren Buffett Portfolio: https://bit.ly/3pdI8mm

ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.

Видео How Many Mutual Funds Should You Own? канала Rob Berger