How should I invest on a 'distant' time frame account?
With distant time frame goals, eight years plus. The bad news is that you're not going to hit your goal very soon, it's going to be more than eight years. The good news is that you can invest these for maximum success. Because you have such a long time frame until you need that money, you can invest it fairly aggressively. So, maybe 1 to 2 percent cash, ten to twenty percent bonds, and the rest, 70, 80 percent you can just put in stocks.