It's very hard to beat index funds, few funds beat them year after year. So, call a mutual fund company(vanguard is very good) and tell them that you want to invest in index funds. They will guide you on what to do.
Add funds on a regular basis until you need it. It will grow. Keep in mind that the returns will be a wavy ride but ultimately it will be positive.
We are starting to hear criticisms on index funds but we have yet to find a better long term way to grow wealth for the individual investor. Specially for people that don't want to make finance there life's work.
Add funds on a regular basis until you need it. It will grow. Keep in mind that the returns will be a wavy ride but ultimately it will be positive.
We are starting to hear criticisms on index funds but we have yet to find a better long term way to grow wealth for the individual investor. Specially for people that don't want to make finance there life's work.