<prompt> Human: I have been reading lots of post here recently. I am in my late 30s but I have never invested any money. It never seemed a good idea to take a risk. However, after reading about mutual funds and ETFs, it seemed to me like its relatively low risk investment. So, I went to Vangaurds website to find out the details about ETFs and I came across Partner with Vangaurd Advisor. In the website it says that there is a 0.3 annual fee if you invest minimum of 50k.My question is, is it worth it? Am I allowed to buy ETF without advisor? What other suggestions do you PF has for me?  <response>: You dont have to use the advisor, which costs 150 a year if you invest 50K. Here, let me show you how advice works: Put the money at Vanguard, buy as much as you can afford of their SP 500 index fund, set the dividends to reinvest, dont mess with it after that.There, and I didnt even charge you 150. 