I've been investing in low cost index funds for 25 years. Nothing sexy. I'm not the most sophisticated investor, but I have managed to avoid scams and hype and stay the course for a long time. It worked. Now I'm getting to the point where I'm a little nervous about how MUCH money I have in the markets. All the politics and stuff gets so weird and volatile. I don't want that to be my entire retirement plan. My wife and I are in our mid 40's now. What's the next step?
Real estate seems really popular, but when I start looking into it, I realize I don't know how to evaluate a property or anything. I'm competing against seasoned real estate investors who know the market. My wife and I are very cautious and I don't know what it would take for us to feel comfortable dropping hundreds of thousands on a single investment property.
What are some other good options?
Is it time to hire some kind of advisor? I've always eschewed them, but maybe I'm getting out of my league now.
Submitted December 27, 2020 at 11:18PM by Mathmonger https://ift.tt/38IfxOr
