I have a small ($15k or so) trust account that I want to productively mothball. Right now it is earning pennies in a checking account.
I'm looking for an investment option that will be productive in the long term, but which does not throw off yearly investment income so I don't have to bother filing taxes on it. Figure 5-20 years before I might touch it again.
Equity or fixed income would both be fine, I can fit both into the AA. I'm a generic Boglehead for the most part, have access to Vanguard and a Treasury Direct account for the trust, but could set up something else if warranted, so long as there is no yearly maintenance involved.
Looking forward to your suggestions.
I'm looking for an investment option that will be productive in the long term, but which does not throw off yearly investment income so I don't have to bother filing taxes on it. Figure 5-20 years before I might touch it again.
Equity or fixed income would both be fine, I can fit both into the AA. I'm a generic Boglehead for the most part, have access to Vanguard and a Treasury Direct account for the trust, but could set up something else if warranted, so long as there is no yearly maintenance involved.
Looking forward to your suggestions.