Hypothetical Investment Problem

[jdoe]

Lets say you have $150 a week to invest over 5 years with a goal of reaching $50,000.00

I estimate that you would need to get an annual return > 9.59% (please correct me if i am wrong)

1. You want this investment to be able to go on AUTOPILOT for 5 years.

2. Since this investment would be weekly, you would want to be able to invest with very small transaction costs.

3. Earning a higher rate of return would be nice but not necessary. For this hypothetical investment problem, if the goal is reached before the 5 years are up, the funds would be converted into a CD for the exact time remaining.


What do you invest in and why?