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[quote=Anonymous]Do it yourself!!!!  No cares about your money more than you.

Average market returns with winning v. losing stocks and bull v. bear markets will only be about 5% annual gains.

Financial planners will charge you  1% per annum whether you make money or not. On $600k that's $6k or $500 per month to watch your money stagnate.

Mutual Funds charge 2% annually for management fees. So now you've paid out 3% annually out of the approximately 5% you will earn annually. Ten years will have passed and your principal will have hardly improved whatsoever.

If you want growth, but with little risk buy a basket of diversified dividend yielding stocks which have a long history of paying and increasing their dividend yields. These corporations will pay their dividends quarterly. Google "Dividend Achievers" and "Dividend Champions" for specific corporations to buy. Once you've divided your $600k between about 30 different corporations set your brokerage account to automatically reinvest your dividends back into the same corporations when they come in quarterly. The nice thing about DRIPs (dividend reinvestment programs) is there is not a brokerage fee to purchase additional shares in the same companies. This way you have a compounding quality to your investments.

If you earn 3% to 5% in dividends and 5% in stock price appreciation you should be able to double your money every eight years with little risk. Clearly there are going to be bear markets from time-to-time, but if you hold shares in quality companies those bear markets will provide opportunities to purchase more shares of stocks at lower prices with the dividends you will continue to receive. Invest in quality corporations for the long term. Markets go up and down.  Do not panic and sell your stocks because the market declines. Do that and you'll go broke for sure. Most companies that crashed in 2008 have recovered nicely now and most investors are significantly more wealthy today than they were  before the crash occurred.

Diversify into a basket of 30 high yielding dividend paying stocks and reinvest your dividends. You'll double your money every eight years. [/quote]

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