tgt
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How would you invest this much with pretty much minimal risk but more interest then normal?
Another way of putting this is - how much effort does one wish to exert? In other words, does one want to hire another, e.g. a professional money manager or investment manager, which will incur some cost, or does one want to invest oneself, whereby one could do online trading of equities or other financial instruments.Do you want the investment managed for you, or would you do it yourself?
tgt said:Some fair suggestions here. I think there was an advice by Buffett's teacher which was that if you aren't an expert and want to invest for the longer term then just buy the stock index because on average stocks return higher then most other forms of investment. What do people think of that? It does seem to make sense as companies are ultimately responsible for large increases in living standards and growth of economies.
tgt said:Some fair suggestions here. I think there was an advice by Buffett's teacher which was that if you aren't an expert and want to invest for the longer term then just buy the stock index because on average stocks return higher then most other forms of investment. What do people think of that? It does seem to make sense as companies are ultimately responsible for large increases in living standards and growth of economies.
chroot said:Trade it in for euros...
Okay, I'm being slightly facetious. Index funds are good, but the market's tumbling right now, so it's not quite a good time to buy in -- but perhaps things will be different later this year.
- Warren
lisab said:But if you're in for the long run, it's best to buy when the market's down. It's like a sale.
chroot said:It's useless to characterize a market as "up" or "down." Down? Compared to what? The market is currently headed downwards. You don't want to buy in while the market's still falling.
- Warren
lisab said:Yes, the markets are going down and probably have not bottomed out yet. But I'm not going to use the money for 25, 30, maybe 40 years. This recession will be a faded memory, a blip, by then (I hope).