Posts  / #POST-001887
REDDIT

Best course of action moving forward?

N
Feb 16, 2025 · 05:14

Hello everyone-
Today, I convinced my mom to check her investment account after some years. It turns out that when she switched brokers none of her money was actually invested (for context she has about $60k with the broker (Schwab), we are not doing very well financially). She’s very upset, especially at missing 2024’s bull market. Since it’s better late than never, what’s the best course of action moving forward? I suggested S&P 500 ETFs and stuff, SPY and VOO and the sort, but is there any way for her to “catch up” some more? Perhaps a higher risk/higher reward method? At least some mildly reliable way? I only do small time investing myself and don’t know very much.