I recently rolled over an IRA had to select how to divvy up my portfolio and choose securities. I largely stuck with index funds but I have to be honest I wasn't exactly sure what I was doing/choosing.
How can one navigate which fund to choose when presented with so many options? What should one look out for if they are a conservative investor wanting moderate growth without sacrificing principle.
The amount I rolled over was only a few thousand dollars but it does represent all the retirement funds I have (25 years old).
My portfolio break down looked something like this:
55% Domestic Fixed Income
24% Domestic Equity
10% International Fixed Income
10% International Equity
An example of a fund I picked for each category would be (I picked multiple funds in each category):
DFI Delaware National High Yield Municipal Bond Fund Institutional Class (DVHIX)
DE 500 Index Fund Signal Shares (VIFSX)
IFI Ivy Global Bond Fund Class I (IVSIX)
IE Tax-Advantaged Global Dividend Opportunities Fund (ETO)
S PIMCO CommodityRealReturn Strategy Fund Class D (PCRDX)
I am not looking for people to tell me if these funds are bad or good (unless they are terrible and will cause me to lose everything then tell me)
But rather as you can see this is what I picked without much knowledge is there significant difference between the plethora of options offered from companies such as TDAmeritrade and how can I best navigate moving forward?