[walrus01]

I second the many comments here that say don't take financial advice on HN, you need a professional.

The guy who said put it into REITs earning 9% a year is somewhat close to what I've done.

By no means are past results an indicator of future success, but in 2017 I purchased a number of technology/internet/telecom industry heavy ETFs that have more than doubled in value. The mix of the different ETFs and the stocks they contain is sufficiently diverse for my risk tolerance.

[perl4ever]

My view is if you look at a chart of interest rates over the last 40 years, you should be able to see that the next 40 years cannot possibly be a repetition.

"Interest rates go down" is the entire story of investment returns during the lifetimes of most non-retired people.

It cannot be the story of the next few decades. Famous saying "if something can't go on forever, it won't".

[fsckboy]

> technology/internet/telecom industry heavy ETFs ... mix of the different ETFs and the stocks they contain is sufficiently diverse for my risk tolerance

in this case it doesn't matter your risk tolerance, diversifiable risk is not rewarded by the market, which means NOT that you face higher risk, but actually, lower returns at any given level of risk.

that is standard finance theory

[walrus01]

What I meant by that is that the risk of one company that is a component of one of the ETFs taking a major nosedive (let's say, Facebook) is somewhat mitigated by the existence of many other companies in the same ETF, and that the portfolio is divided between a number of different ETFs.

PNQI ETF holdings: https://www.invesco.com/us/financial-products/etfs/holdings?...

As compared to what I was originally looking at doing by putting the bulk of the money into individual stocks, rather than ETFs, though I did also do some of that, with Netflix.