What most of the commenters are missing is that the assumption that one has to know how to gamble in order to have a retirement is a broken and stupid USA thing. Nobody should be forced to learn these things in order to not end up on the street. OP clearly has no idea what they are doing-- and so many comments point this out with varying degrees of rudeness, smugness, and shitty attitude-- but the point should be that we are feeding naive investors like these to the lions and that is morally wrong and collectively shortsighted. We all suffer as a society because people like this are being required to make investment decisions and doing that really poorly.