No. of Recommendations: 0
...Last note: Because I work for hedge funds (that is my area of expertise, on the technical side), I am forbidden from investing in individual securities or ETFs. For legal reasons, I am only allowed to invest in mutual funds for which I do not have any control over the decision making process. This avoids the issue of me personally trading a security that my fund may have privileged information on (and thus have it on their internal restricted list).

So all I am really looking for is funds since I can't pick stocks or ETFs (unless I get out of the industry, which could happen one day, but not anytime soon)

The first thing to do is to get your money away from ML. It could sit in a money market account for six months while you dedide what to do and you would still be ahead.

If you are limited by the restrictions then something like a targeted retirment 2040 (or whatever date makes sense) is a good vanilla choice even though it has some drawbacks.

The math does not quite work out, but 1% of your money each year for 33 years is something like a third of you money. 2% is two thirds of your money. Run!!!!

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