If you want to maximize your investments, you're going to need to take at least a bit of time to work on them. In a post titled Devote Time to Investment Planning that I wrote one year ago today, I noted that millionaires have found the following to be true:
There is a strong positive correlation between investment planning and wealth accumulation. Over-accumulators of wealth allocate nearly twice the number of hours per month to planning their financial investments as under-accumulators do.
If you're looking for a low-time-commitment but good results investment, I'd suggest index funds.
Index funds are great if you don't have much time to handle your finances and keep up on things. Vanguard S&P 500 Index, in my opinion, is one of the best index funds to invest in. Great returns with low costs.
Posted by: David B. | October 18, 2006 at 10:26 PM