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To: WesternCulture

Better to buy mutual funds. That way you’re not taking a big risk on a single company.


2 posted on 01/11/2014 9:30:41 AM PST by Still Thinking (Freedom is NOT a loophole!)
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To: Still Thinking; WesternCulture
Better to buy mutual funds. That way you’re not taking a big risk on a single company.

Still better yet, invest in ETF's which track certain indexes or market segments. You avoid the single stock risk and avoid the fees charged by the mutual funds.

For example compare "SPY" (which is the symbol for the S & P Composite index) to any mutual funds. There is no load and you can exit at any time.

I have an account at Charles Schwab which provides plenty of research capacity with only a single per trade charge of $8.95.

Other ETF's (electronically traded funds) you might look at are QQQ (Nasdaq index fund), IBB (a biotech fund which has performed well), etc.

Here is a site for getting familiar with ETF's...nasdaq.com/investing/etfs/

32 posted on 01/11/2014 10:10:55 AM PST by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
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To: Still Thinking

With that much money, you should seek “professional” advice.

Someone you pay a flat fee to set up your plan. Do not go to someone who will charge commission.

The Dave Ramsey web site has a list of counselors.


37 posted on 01/11/2014 10:17:17 AM PST by Vermont Lt (If you want to keep your dignity, you can keep it. Period........ Just kidding, you can't keep it.)
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To: Still Thinking

a few I have invested in securely and done well
SDY logsx fshcx sbra fphax fbsox


69 posted on 01/11/2014 12:25:05 PM PST by jyro (French-like Democrats wave the white flag of surrender while we are winning)
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