Lynnmor wrote:
Thank you for that, I am rather unfortunate for letting Morgan Stanley manage my investments for the past six years. They did well the first half of that time but have repeatedly made poor choices recently. I simply recognized that age may catch up with me and I wanted to put things on cruise control to make it a bit easier for the survivors. Yes, I am close to firing them, but I also know that there is no perfect answer except to allow some genius on here manage it for me.
Go with the advice of John Bogle and Warren Buffett and open an account at Vanguard.
Invest in the basic SP 500 index. VFINX or VFIAX
Very few beat the market so just be happy to have the wind at your back investing with the 500 largest companies in the US.