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Old 02-23-2005, 05:18 AM
goodguy_1 goodguy_1 is offline
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Join Date: Sep 2002
Posts: 1,028
Default Re: O/T Looking for \"under the mattress\" type investment

stock index funds

low cost,you should average 6%-8% yearly over eternity.Of course you may go thru stretchs where the market flatlines for 1O years-it happens.
Set one up and dollar-cost average monthly thru automatic montly deductions from checking/savings account.
Vanguard,Fidelity should do the trick.I use Vanguard VTSMX.
You could also buy QQQQ or SPY or any other broad market exchange traded fund and just hold it but I think the custodial fees or inactivity fees could possibly cost you more than an index fund.
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