The key to success in your retirement plans is to get your investment diversified. You can have many accounts at one time that are taking care of only minor chunks of your investment individually, but may yield well collectively.
People think that the best option available for diversification is investment in several stocks. But, the stocks have a large risk involved and can even result in a total break up of your post retirement plans, if the market crashes.
This does not mean that investing in stocks is an utter failure. The last market crash we have seen is the post 9/11 crash. There have been several measures and security constraints implemented in place after that crash that helps in speedy recovery after any further crash. But still, it is advisable to take a look at the market and study the facts before investment. You can even consult your financial adviser for such investments.
My personal suggestion is to have a bit of investment in the mutual; funds while some in the real estate business. This will help you meet your monthly budget ends. Do not try to gamble much with your investment or try to invest much in the securities business. This one yield the best but can even break up everything you had planned for. Also, if you try to invest there, so not invest your entire amount as it is no play ground for newcomers.
You can invest in mutual funds as they provide better security than the earlier. There are so many options to choose from and your financial adviser will be your best judge. All in one fund is a good option where you can even see your money grow. However, as time goes by, they become more conservative in protecting your money and giving you small but regular return, rather than fooling you all around.
