I'm looking at investing about 10G, split between a traditional IRA with the larger portion going to US/foreign stocks; probably about a 40/60 split. I'm self employed now, and will open a Roth IRA from my earnings at a later date.
For a long term investment strategy, I seldom hear recommendations for money markets, even though several people have told me that over the "long term" money markets have a return rate of around 12%. I realize this is a very general question, and of coarse it depends on which stocks are purchased, and how the money market fund managers are investing your money
Q: Given that my financial adviser is recommending stocks with growth potential or stocks with a good track record, do stocks historically, post a better return rate than money markets? (Historically defined as the last 10-15 years)
Thanks!
Chris
2007-08-28
04:18:37
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8 answers
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chris p
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