About Suggestions...



"I am liquidating my Blackberry holdings at Charles Schwab.  Any suggestions for index funds at Charles Schwab? "  -  Maggie M.

I love taking questions. Please keep them coming.

However, this question cannot be answered easily because I know nothing about this person, nor have they provided me with any information that might be useful.

For example:

1) What is their personal risk tolerance level? Low, medium, high

2) What is the investment time horizon? Short term, long term

3) For what purpose is this investment?

4) Is in a taxable account or an IRA?


As a fallback, my common answer to this type of suggestion or question is an S&P 500 Index Fund.

All investment companies offer their own version of this Index fund. Without knowing anything else, that will be the answer.

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