Dear Dave,

Is it a good idea not only to diversify among various mutual funds, but also among different companies that sell mutual funds?

- Brian

Dear Brian,

There's no need to do that. Find one good broker you're comfortable with, and who has the heart of a teacher. You want to know what's going on with your money, and finding someone who can explain it well and help you understand the details is a must!

Just make sure your broker is not directly connected to the mutual fund. You don't want someone with a vested interest. What you're looking for here is someone who can objectively connect you to a good mutual fund with a solid five- to 10-year track record.

- Dave