[manaboutown]

Originally Posted by EastCoastDawg

I was disappointed to see how little thinking "outside the box" there was in the responses to this question.

Many people suggested using a professional financial advisor. Not only do I suspect he has thought of that already, and turned the idea down, but also time and again they have been shown to be the worst people to handle your money - taking generous bonuses when the markets are rising anyway, and still taking generous fees when their stock selections are falling.

Others insisted on jumping on the Bit Coin and derivatives bandwagon. Sure, a few have become very wealthy, but many others (including most of Venezuela) are setting themselves up for a fall.

Let's have some revolutionary ideas, people!

He has used a few different financial advisors in the past as he has owned stocks for many years. Although he researched them to some degree using Barron's advisors lists they have performed at best no better than the S&P and usually worse. He does own index funds as well as individual stocks but does not want to add to his securities portfolio in today's frothy market.