I started Darvas, how I made 2mil, and so far I like it very much! Thanks Next, a random walk on wall street, as suggested by neww.
better: buy and hold until death so your heirs get a step up in basis. Figure out how to live other ways.
This is a VERY boring mutual fund...Income and preserve capital!! It is presented by T. Rowe Price... This fund holds about 10 mutual funds in it's basket...All from T. Rowe Price. T. Rowe Price US Large-Cap Core Z 13.56% T. Rowe Price Value Z 13.33% T. Rowe Price Blue Chip Growth Z 11.96% T. Rowe Price Growth Stock Z 11.57% T. Rowe Price Equity Income Z 11.25% T. Rowe Price Dividend Growth Z 10.04% T. Rowe Price Mid-Cap Growth Z 4.27% T. Rowe Price Mid-Cap Value Z 3.86% T. Rowe Price Small-Cap Value Z 3.29% T. Rowe Price International Value Eq Z 2.88% It has some bonds, some foreign, the rest different baskets of the whole market... Again, you will not get rich from this fund!! It is very very unlikely!! It is designed to preserve capital...With some growth. It is designed for a very select group of people...Preserve and grow at all cost. This fund should never do better than the S&P 500!! If the S&P drops 50% (and the US has issues [high fed rates] while other countries are doing OK, this fund may give you back 55-60% on your dollar. This is almost like hoarding toilet paper... My wife has other great investments in her other Roth IRA... She just wanted a portion to be very very secure... Blood money...
That s the idea here, while giving a portion of the family wealth to the kids as they grow older. They do need education not to squander it, and just a better understanding of how money works appears to make like easier, rich parents or not.