I'm retired early from a accident on the job and recieve DSS and retirement from work. I recieved a lump sum and I want to invest. I'm looking at the VINX fund, I think I can invest about $50,000 and leave it for about five years. After that I will have to use some each year. I'm 55 years old and not very sure of how to invest. I hear that it doesn't matter if the market is down or not to invest in a index fund.
I would really appreciate any help. Thank You