No index funds because that's easy.
Why can't you touch this money? It's because you have a crazy uncle who wants to play a game with you, Brewster's millions style but instead of spending money, it's money you save with a limitation of holding it 10 years in his custody. After those 10 years are up, you get the full amount in the account in cash not shares.
I'm sure most of you will say BRK so you must have at least 5 stocks and at most 10. To further force you to take some risk and prevent something like 99% BRK weighing, they will all have even weighting so 20% each if you pick 5 stocks. Dividends if any will be automatically reinvested into the payer, no re-balancing, no touching of the account after your initial purchase no matter what happens.
What companies' management, clout, product, etc do you trust enough to lock up money for 10 years? If you can expand on why for each company that'd be great too.
Treat this as a fun way to introduce people to new stocks you have faith in long term.
Submitted October 15, 2018 at 12:00PM by timeinthemarket https://ift.tt/2pVB2p2
