5 ms·
There was an article a year or two ago on SFGate or the SF Chronicle about Google's what Google did when their set of early employees vested. Their first 1000
by iamelgringo 16y ago
There was an article a year or two ago on SFGate or the SF Chronicle about Google's what Google did when their set of early employees vested. Their first 1000 employees' stock options were all worth over $1M if I remember correctly. They paid a number of investment advisers come in and give talks on what to do with the money. They all suggested index funds.
Anyone find a link to that article?
- illumin8 16y agoUnfortunately, if you took that advice back in 2000 you're probably still underwater. Index funds are great over long period time frames like 25+ years, but as always, you need to time your entry and exit strategies. Index funds work great overall for 401k and retirement funds because you're buying in every month so fluctuations up or down help you out. Just don't stick 100% in an index fund in the middle of an overvalued bubblish market.