Calling all you financial wizards

The year my father graduated columbia with an mba

The year my father graduated columbia with an mba

In 2015 I entrusted a significant (to me — to many readers of this blog, chump change) amount of money to a money management team, and then ignored it: either they knew better than I how to run things, or I shouldn’t have made the investment in the first place, Three-plus years on, with a portfolio roughly distributed between 75% stocks, 25% bonds, I’m at about exactly zero growth. Question for you geniuses is, given my dark, foreboding fears of coming developments in the global economy, am I better throwing the whole thing into a savings account and collecting 2.5%, insured, or trying a mix of index funds? I’m done with the paid managers, regardless.

(Just thought this might be an interesting topic for the blog’s readership, which seems heavily skewed towards a financial management background).