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Old 06-09-2009, 02:55 PM
shultice24 shultice24 is offline
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Hey Jeffmem,

I won't offer any specific financial advice about allocation or specific investments, but I will reccommend looking into Vanguard's index funds.

It has been proven time and time again that almost no actively managed mutual funds beat the market for any consistent period of time. So, in my opinion, why bother with em? Why pay for people to manage your investments when you could get better results by taking a completely passive approach? If they can't beat the market, we might as well buy the market!

Vanguard has plenty of index options (from the S&P 500, to the entire US stock market, to international indices with thousands upon thousands of stocks). Since they require no active management, the fees are dirt cheap. And you will automatically match the market without breaking a sweat.

Index investing is the ultimate ticket to building long-term wealth, with as little stress as possible.
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