Yeah, this is a priority for me. My plan is to stick my money in a few mutual funds and forget about it for 40 years. Hopefully the economy will grow in that time :)
Don’t forget to put some of it in a reserve fund that’s invested conservatively and easily accessible, and ensure that you’re covered in case of disability. Also, diversify between market sectors—an index fund is good and all, but the usual index fund is 100% US, and you want some international exposure.
Yeah, this is a priority for me. My plan is to stick my money in a few mutual funds and forget about it for 40 years. Hopefully the economy will grow in that time :)
Don’t forget to put some of it in a reserve fund that’s invested conservatively and easily accessible, and ensure that you’re covered in case of disability. Also, diversify between market sectors—an index fund is good and all, but the usual index fund is 100% US, and you want some international exposure.