3 ms·
Find someone who you can hire to help decide what to do (typically a CFA, I guess) -- someone who isn't paid by commissions on your decisions. The typical thin
by joshu 17y ago
Find someone who you can hire to help decide what to do (typically a CFA, I guess) -- someone who isn't paid by commissions on your decisions.
The typical thing to do is allocate money to stocks (us, emerging, europe, etc) and bonds (govvies, soverign debt, corporate,) mostly via funds. You want to have a variety of uncorrelated assets.
Algorithmic portfolio trading is /hard/. You're not building an automated trading system by yourself.
- andrewljohnson 17y agoDon't hire someone unless you have tons of money. If you have less than a million dollars, the following advice will suffice. Buy some geographically diverse index funds. Keep some money in CDs if you want guaranteed returns that give up some liquidity, and some money in a high-yield savings account. Keep the rest in checking. Buying a house is also a good investment if you know where you want to live for a while.