XFrequentist comments on Less Wrong Product & Service Recommendations - Less Wrong

24 Post author: lukeprog 02 July 2012 01:18PM

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Comment author: James_Miller 02 July 2012 04:08:00PM 26 points [-]

Vanguard 500 Index Fund

Index funds are the best way to invest in the stock market because they offer cheap diversification. Beware, however, sometimes funds labeled as index funds really aren't.

Comment author: XFrequentist 03 July 2012 02:24:21PM 3 points [-]

(Warning: contains a naive request for free advice. Feel free to ignore.)

I may be "retiring" from the Canadian public service, with a bit of a cash buyout and (I assume) some of the money from my pension fund.

Is this something I could consider?

Comment author: James_Miller 03 July 2012 06:08:07PM 7 points [-]

Yes. Also, the longer you expect to live the more money you should put into stocks. Because of the relatively small size of the Canadian economy you shouldn't put too high a percentage of your assets into Canadian securities. All of your investments in the U.S. stock market should be through index funds.

Don't forget the tax consequences of your investments.