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  1. #1
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    Need Investment Options Advice

    I have been holding my previous employers profit sharing check for 6 months now hoping the market would turn around a bit. I need to invest it but my current employers plan history shows no better than a 5-6% return on investment.

    Any fund advice or options to consider would be appreciated.

    Thanks in advance.



  2. #2
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    Re: Need Investment Options Advice

    sure it is great to get more than 5-6% on investments but that is about what you should aim for in the long term.

    Of course you should aim higher but I think that percentage range is a realistic goal (though it is hard to say if this is the right time to invest it)



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    Re: Need Investment Options Advice

    S & P 500 Index Fund. Historically it beats about 70% of the funds out there. Low fees and should generate 7 to 8% return long term.

    If you want to spend a little time(which I always do when it comes to money) go to the library and get Money magazine. A couple times per year they generally will give you their top picks for fund choices. They generally will look at overall return and fee charges. Pick a large cap, small cap, and international fund and invest 35%/35%/30% in each fund or whatever ratio you're comfortable with.



  4. #4
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    Re: Need Investment Options Advice

    Quote Originally Posted by Bobber View Post
    S & P 500 Index Fund. Historically it beats about 70% of the funds out there. Low fees and should generate 7 to 8% return long term.

    If you want to spend a little time(which I always do when it comes to money) go to the library and get Money magazine. A couple times per year they generally will give you their top picks for fund choices. They generally will look at overall return and fee charges. Pick a large cap, small cap, and international fund and invest 35%/35%/30% in each fund or whatever ratio you're comfortable with.
    Thanks...I will look for that.



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    Re: Need Investment Options Advice

    Quote Originally Posted by theodore View Post
    Thanks...I will look for that.
    Look for the symbol SPY.



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    Re: Need Investment Options Advice

    If you have 15-20 years till retirement buy low P/E dividend paying stocks. You can't lose.



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    Re: Need Investment Options Advice

    Quote Originally Posted by cys_av8r View Post
    If you have 15-20 years till retirement buy low P/E dividend paying stocks. You can't lose.
    Heh, I would still guess you can lose :)


    They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. - Benjamin Franklin 1775

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    Re: Need Investment Options Advice

    Let me get this straight, you've just been sitting on a check for 6 months, it's not earning interest or anything in a savings account while you decide what to do with it? Hopefully you at least are doing that.

    Here's a site that lists the top earning savings and CD rates: Top 50 Money Market Rates & High Interest Savings Accounts I'm thinking I might need to move the money I have in mine to a differnt place after looking at the current rates. When I opened it about a year ago it was one of the top rates you could find, now i think I can do nearly 1.5% better than it is currently earning. Even my old ING account is topping the rate and the whole reason I moved it out of there was because ING wasn't competing with the other rates out there.


    Go Cubs Go!

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    Re: Need Investment Options Advice

    At the current market valuation, if you don't make a freaking killing, you are the worst investor ever.

    Invest in the total stock market; something like Vanguard's Total Stock Market fund.

    And BrianHos, if you lose money from this point over a period 20 years, we are all doomed....


    I'm baaack! See my Hot Milk For Breakfast blog under Social Groups for more details

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