Re: First Portfolio
Jeff W, congrats on finally taking the plunge, don't pay any heed to Tupacia by the way. DODFX is my largest holding fwiw, and I've been extremely happy with it. Very tax efficient, (I'd assume this is for a taxable account), outstanding firm, great track record. It's pretty much THE fund to own. Depending on how young you are, I'd say leave out the bonds, and stick to 100% equities, unless you are really afraid of losing money. Also, NEVER keep bonds in taxable accounts, they are taxed as ordinary income, and taxes will destroy you, as opposed to equity funds which are taxed with LTCG, assuming you've held them for 1+ years. Other funds I'd consider right now, for creating a core of your portfolio
Fairholme (FAIRX)
Third Avenue Value (TAVFX)
T. Rowe Price Cap Appreciation (PRWCX)
but be careful of the last because it does contain some bonds. It's a balanced fund. Good luck [img]/images/graemlins/wink.gif[/img]
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