I’m 42, a single parent with $372K cash. I won’t invest in stocks. Am I wrong?
1. The individual holds $372,000 in cash, over half of their portfolio. 2. Investing substantially in S&P 500 could yield $2.1 million to $6 million in 30 years. 3. Staying too conservative may hinder future investment returns and financial growth. 4. Purchasing a home could be a beneficial use of funds versus renting. 5. Establishing college funds can secure financial aid for children's future education.