...I just built that for a client, I promise! Look for my company in the very bottom footer ...where would you like your name to appear? I am more of a "silent" partner on the project, at least in terms of trading and investing.
Wow, you have a lot of clients. Beautiful sites you guys have built. You're not just starting up. But...leave my name out of it. Slip in a Haak.
I see it. You could insert subliminal messages that way. You could hypnotize customers into patronizing your client or your company. P.S. Why did you leave ESPN? <---You know why I left
BUMP I may be coming into a chunk of money that I want to invest for a perhaps soon to be born first child's tuition. I skimmed through this again and see BB30 recommending ETFs. This seems like you're at the mercy of an investor. I suppose they make their money off commissions, so they would want to do well themselves, yes? Short tangent, when I and my cousins were born, my grandfather bought each of us shares in 3M for college savings. I assume he chose that because it also paid dividends in stock. Is this a good premise for picking a long term investment?
When my daughter was born I went to Northwestern Mutual and bought her a whole life insurance policy for $100,000. Because of her age my remiums were about $15/mo. It paid for her college (only went to a 2 year school) and they can be a very safe investment for the long term as many give guaranteed rates of return.
Not all ETFs are alike. Do NOT buy actively managed or so-called "exotic" ETFs like some of those I have mentioned in this thread (SSO and XIV). Those are only for shorter-term trading if you have a system you follow. Do NOT buy ETFs other than broad-market ETFs. The short answer is: No, this is not a good premise. If you want to do very little work and beat pretty much any other investor over the next 20 years, I would do this: 70-80% in VT (world stock market index) 30-20% in BND (total bond market index fund) Each year, rebalance the portfolio to get back to the desired 70/30 ratio (or whatever you've chosen).
The Boglehead method hasn't worked for awhile because the biggest Vanguard bond funds have had negative return.
Those are good suggestions. I was also checking VTI (Vanguard Total Stock Market ETF) and BIV (Vanguard Intermediate-Term Bond ETF).