funds for IRA
Has anyone heard of these funds that recently were suggested for my IRA... MMUCX MFS Utilities C
and LHYCX Lord Abbett High Yield C?
Also, I have conservative portfolio and 59% is in stock...good or not so good. My "adviser' didn't say anything of the contrary but I'm not sure this is too good being 68. If the market goes south..I do too.
What is the best ratio in a small portfolio? Maybe a new advisor?
Thanks.
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