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[–]Kerrits 0 points1 point


In South Africa and many other countries we have something called unit trusts. I assume there should be a US equivalent, and if anyone knows the name of it please let us know.

Basically you pay an institution to invest the money on your behalf, be is shares, property or whatever. It's normally pretty safe and follows the ups and downs of the market. If you have a good fund manager you will get higher than market growth during the good times, and better than market losses during the bad times. It is a medium to long term investment, meaning that you idealy want to invest for 5 - 10+ years.