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10-15-2013, 09:18 PM
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Junior Member
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Join Date: Jan 2012
Location: Nebraska
Posts: 9
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Quote:
Originally Posted by l2ridehd
A very good company with a good dividend, but again your placing all your eggs in a single basket. Any single company can fail.
For low risk, decent return, buy low cost index funds that cover the entire market. A total stock market fund, a total international fund, and a total bond fund. Use Vanguard, Fidelity or Schwab. The all have low cost funds. A very simple 3 fund portfolio in low cost index funds, balanced to meet your risk tolerance (probably around 40% TS, 15% TI, 45% TB) will provide a low risk approach that will allow you to withdraw 3% each year forever and 4% for 30 years. Re-balance to those percents once a year on your birthday.
If that is to difficult then just put half in each of Vanguard Wellington and Wellesley funds. They have a 50 year track record of steady returns with minimal volatility and low cost. That combination would give you 50% stocks and 50% bonds with just those two funds.
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Very easy and EXTREMELY good advice. Annuities are sold by insurance companies. Need anyone say more?
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