When Looking At Diversification Of A Mutual Fund Portfolio, How Many Mutual Funds Should I Be Buying Into?
I am 24 years old and looking at my future investments in my Roth IRA. Right now I own shares of 3 separate mutual funds, divided equally by initial monetary investment. Ratings below are from Morningstar. -FDFFX: Fidelity Independence, a 3-star rated Large Growth Fund. -FICDX: Fidelity Canada, a 5-star rated Foreign Large Blend Fund. -HIINX: Harbor International, ...