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To: Bear_Slayer

Making several assumptions including that you’re investing for the long term;

I’d open an account with Fidelity Investments (good web site, low fees (especially with a million on hand.)

Then I’d;

1. Put 3 to 6 Months living expenses in a safety fund invested in a Money Market fund or tax free MMF depending on your income. e.g FDRXX.

2. Max out any 401k’s and IRA’s. Invest these funds in an S&P500 index fund.

3. Subtract my age from 110 and put that percentage of the million dollars in an intermediate gov’t bond fund. e.g. FSTGX.

4. Put the balance in a total market equity index fund. e.g. FSEMX

BTW - I’d do the same with $10,000 $100,000 or $10,000,000. That would be a good starting point.


85 posted on 10/30/2007 5:00:26 AM PDT by LiberationIT
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To: LiberationIT
oops, mistake in the math; 110-age = the amount to invest in equities, balance in gov’t bond funds.

I.e age 30 80% in stocks 20% in bonds. Age 90 20% in stocks 80% in bonds.

86 posted on 10/30/2007 5:28:54 AM PDT by LiberationIT
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