The thread on “How much money do you need?” mentioned the idea of being able to retire on a sufficiently large investment. Which led me to wonder: given the current economic situation, just where would putting a few hundred K be a good idea?
Since opinions on this will differ, this is better suited for IMHO than GQ.
Colibri
General Questions Moderator
Historically, folks who invested in the stock market during a downturn have come out ahead in the long run.
If you’ve got a serious wodge, you could make double use of some of your money by becoming a Name at Lloyds, especially now they’ve gone limited liability.
My best idea: put it in a low-cost S&P 500 index fund, such as Vanguard’s.
And this advice is after doing a LOT of investing in individual stocks and actively managed mutual funds.
J.
That. Few things in life are as beautiful as a no-load index fund.