How Do You Choose the Right Mutual Funds?

Great question. Your employer-sponsored retirement plan will most likely offer a pretty good selection of mutual funds, and there are thousands of mutual funds to choose from as you pick investments for your IRAs.

Dave divides his mutual fund investments equally between each of these four types of funds:

• Growth
• Growth and Income
• Aggressive Growth
• International

Choosing the right mutual funds can go a long way in helping you reach your retirement goals and stay away from risk.

Source: Dave’s Investing Philosophy | RamseySolutions.com