Originally Posted by La literatura
So, practically speaking, how does this work? I take my $10K to a financial adviser, and say, "I want to put 1/3 in S&P 500, 1/5 in emerging markets, a 1/3 in Russell 3000, and the rest in a bond index." And then they know what to do?
The Russell 3000 is a broad market index that pretty much every brokerage will have to offer. Same for Vanguard 500 (or similar 500 fund). Emerging markets -- go with MSCI Index (again, every brokerage will offer). Bond fund -- there are different ones. I dont' think I'm familiar with a broad based bond fund. They're usually tied to geographic region, etc.
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington