Tilted Forum Project Discussion Community - View Single Post

iccky · 05-06-2006, 10:30 PM

This is actually being asked on behalf of my girlfriend (sadly I have few assets to allocate) who happens to have 10 grand lying around in an ING Bank Account and no idea what to do with it. She's a grad student who will be in school (and has pretty much guaranteed funding) for the next four years. She's also fairly risk averse, and will stay up all night if her money is in Haitian penny stocks.

So what do you all think is the proper asset allocation for her between stocks, bonds, REITs, cash, whatever?

Not knowing much, I suggested she get at least some of the money out of a bank account and into the market. I'm a fan of index funds, which are also good for the risk adverse, so I suggested she drop 3 or 4 grand into a Schwab S&P 500 indexer (low minimum, fairly lost cost ratio). Beyond that, however, I'm pretty much out of ideas.

Any investment gurus out there?

05-06-2006, 10:30 PM	#1 (permalink)
iccky Psycho Location: Princeton, NJ	Asset Allocation Question This is actually being asked on behalf of my girlfriend (sadly I have few assets to allocate) who happens to have 10 grand lying around in an ING Bank Account and no idea what to do with it. She's a grad student who will be in school (and has pretty much guaranteed funding) for the next four years. She's also fairly risk averse, and will stay up all night if her money is in Haitian penny stocks. So what do you all think is the proper asset allocation for her between stocks, bonds, REITs, cash, whatever? Not knowing much, I suggested she get at least some of the money out of a bank account and into the market. I'm a fan of index funds, which are also good for the risk adverse, so I suggested she drop 3 or 4 grand into a Schwab S&P 500 indexer (low minimum, fairly lost cost ratio). Beyond that, however, I'm pretty much out of ideas. Any investment gurus out there?