11 Jun 2019
It depends on how you want to play the game. If you are totally risk averse, a retirement plan or GEPLR can work for you. However, return might not be the best compared to investing in funds, equities etc
You might want to diversify and take calculated risk so that you can have some money that gives you a more conservative return in participating policies like GEPLR and also have some money working hard in funds or equities that will pay off in the future.
In short, if your investment time horizon is more than 15-20 years, you are better off with broad-market globally diversified ETFs. Cost wise and return, it will crush almost any annuity.
One ETF in mind ("no effort" and long-term buy and hold) is Vanguard Total World Stock.
Go read the following books before embarking on any investment plan, 1) The Intelligent Investor by Ben Graham, 2) The Little Book of Common Sense Investing by John Bogle
It will served you well. Get into habit your own due diligence before emarking on any investment.
How old are you?
I'm going to take a fairly decent assumption here and assume that if you can affo...
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