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500/mo into mutual Fds balanced to meet his risk tolerance.40 yr old male in FL that has no upfront money but maybe a couple grand but has the ability to invest $500/month for the next 15 years. What would be his best option(s) in your opinion, and what could he expect the outcome to be?
40 yr old male in FL that has no upfront money but maybe a couple grand but has the ability to invest $500/month for the next 15 years. What would be his best option(s) in your opinion, and what could he expect the outcome to be?
40 yr old male in FL that has no upfront money but maybe a couple grand but has the ability to invest $500/month for the next 15 years. What would be his best option(s) in your opinion, and what could he expect the outcome to be?
As someone who is younger than your client. Personally I invest mainly (for retirement) in 3 things:
1. IUL (some WL too)
2. Index Funds (S&P/Bonds/International)
3. Indexed Annuities that are growth oriented
I only put Qualified Money into the Index Funds. Im not a fan of most mutual funds... way too expensive and way too much overlap (even within the same fund).
My play money is in the FX market. And my rainy day money is in cash and physical gold.
What no Silver? .