Hey lopakman, take a lap and let the big boys hand out the good advice.
I dont want KSC or any other youngsters coming in here and accidentally taking your advice
Someone just take all my moneys and make like 2-3% every year except for the moneys I need to buy stuff and live on. Is that too much to ask for? Also when I retire at age 65 or whatever make sure I'm not a poor.
Just buy an index fund and you will make 7% every year.
Link? I know absolutely nothing about index funds.
Also I want KSU Cats season tickets for football. Pretty simple budget here, folks. Who wants to be my personal finance manager?
I dont know enough about index funds to recommend an particular one, ask pete or something. All my funds are currently in more aggressive investments since I am just a youngster.
I have been reading about Index funds and will probably add them to the portfolio at some point. Index funds are basically just mutual funds that are built to track the stock market tit for tat. The dow goes up 10% in a year then your portfolio goes up 10% for the year. Their expense ratio's are also very low which is a good thing.
They are great for people who want to put minimal effort into investing and still build a nice retirement fund.