I made some bad investments... i need help.
I have someone at Lehman brothers $250,000 of my grand parents life insurance policy back before the economy tanked and the stock i bought in coca cola and isnt turning a profit... i only have $5 grand in return from my initial investment back in 2009.
What do I do?
>>2260075
Wow. That about sums up the thread. OP just work with this guy. He's right.
>>2260075
can vouch for this guy, do what he says
>>2260053
Cash out your 255k.
Let this be a lesson to put your money in broad low coast index funds.
If you had just bought an S&P500 ETF with that money in 2009 you wouldve turned 250k into over 750k right now.
If you want to be safe put 70% in VOO (vanguard s&p 500 etf) and 30% in BND (aggregate bond).
this combo has done about 15% per year or more for the last 8 years, and is incredibly diversified with over 500 companies (stocks), and thousands of coprorate and govt bonds
>>2260185
You sound like a union scab. I dont beleive you
>>2260185
You could've even put 20k - 50k into crypto just for fun