iShares S&P MidCap 400 Value Index (ETF) (AMEX:IJJ)
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It's a mid-cap proxy of the World Economy.
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I use IJJ as my core holding, it's a simple way to increase exposure to mid/smallcap value. I balance it out with sector ETFs which are generally large cap heavy.
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25% of my indexed portfolio
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long term value stocks will far outperform growth stocks.
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