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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I inherited $50k, put it in Vanguard Wellington fund, and am now ignoring it.[/quote]

I inherited $140k two years ago and have done nothing with it, but want to do something.

Why/how did you choose Vanguard Wellington?[/quote]

Not PP but Wellington is a great balanced fund with a lifetime return of more than 8%. Really solid fund for both bull and bear markets, and relatively low fees for an actively managed fund. I have about $20K in it myself and add to it regularly.[/quote]

I think Vanguard funds are generally regarded as well-managed and for a very low fee. Vanguard also has target retirement accounts, where you pick a fund based on when you think you will retire, and they manage your money in a mix of stocks, bonds, etc, balanced for risk depending on when you'll need the money. It's a nice option for those of us who want someone else (with a demonstrated track record, of course) to worry about the details.[/quote]

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