No. of Recommendations: 0
My wife just inherited some money from her mother and I have the responsibility of finding a good home for it. It's not a large amount of money but I'll be in trouble if I screw up and lose it all!

I thought I could choose say half a dozen Vanguard ETFs and then I'd be reasonably safe and still get some growth.

She likes the idea of being able to withdraw some occasionally to pay for things like a family vacation.

Does that sound sensible? At least if it all goes horribly wrong I'll feel better knowing I asked...

Thanks
Print the post  

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement