Re: Index Funds vs Individual Funds
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10 hours a month is enough to ferret out and keep track of a very few stocks. Nothing wrong with putting, say, 70% of your nut into index funds and picking ~3 individual stocks to invest the rest in. You should not try to put 100% of your portfolio into individual stocks on 10 hours a month unless somehow you find yourself capable of beating the market on 2.5 hours a week.
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What's the rationale for having both index funds and individual stocks? Either you expect your picks to beat the market or you don't. I see no strong reason for straddling the fence. Reduction of risk isn't a good argument in this case. Do you see why?
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