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Old 03-13-2007, 08:09 AM
PeterL
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Default Re: Inherited Funds

On Mar 12, 1:21 pm, "ReRun" <f...[at]drexel.edu> wrote:
- quote -

> I am very much a beginner investor. I have inherited some funds from a
> will and would like some input on ways to invest the money or atleast
> some direction. I was going to stick the money in a six month cd for a
> while, while i try to figure it out what direction to take. This way
> it would be earning some interest at least.



This is an excellent idea.


- quote -

> I am not sure if it is best to split up the money and invest in
> different things or put the whole amount in somthing safe.
> Any help or direction would be greatly apprceiated. Thanks!



Like the other reply to you, you have provided no information whereby
someone can give you any useful advice at all. However, you may want
to start by reading up on any number of personal financial planning
books from your local bookstore.

  #1  
Old 03-13-2007, 08:09 AM
scott
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Posts: n/a
Default Re: Inherited Funds

- quote -

> You've given no information that will get you an answer, let alone a
> decent one.
> How old are you?
> Do you work? Have a 401(k)? Does it match your deposits? You making
> deposits to maximize the match?
> Married, single? Plans, goals, etc?
> How much money is this?
> What do you have saved already?
> Owe any money?
> It seems this is enough that you are concerned, so the 6 month CD is
> smart, don't make a decision in haste.
> If you spell out your situation, you will get a number of good replies.
> JOE


Also, you need to take an investment risk tolerance test and see how
you score before anyone can make any recommendations. Time horizon
for the funds is also a major factor.

Scott

 
Old 03-12-2007, 07:51 PM
joetaxpayer
Guest
 
Posts: n/a
Default Re: Inherited Funds

ReRun wrote:

- quote -

> I am very much a beginner investor. I have inherited some funds from a
> will and would like some input on ways to invest the money or atleast
> some direction. I was going to stick the money in a six month cd for a
> while, while i try to figure it out what direction to take. This way
> it would be earning some interest at least.
> I am not sure if it is best to split up the money and invest in
> different things or put the whole amount in somthing safe.
> Any help or direction would be greatly apprceiated. Thanks!


You've given no information that will get you an answer, let alone a
decent one.

How old are you?
Do you work? Have a 401(k)? Does it match your deposits? You making
deposits to maximize the match?
Married, single? Plans, goals, etc?
How much money is this?
What do you have saved already?
Owe any money?

It seems this is enough that you are concerned, so the 6 month CD is
smart, don't make a decision in haste.

If you spell out your situation, you will get a number of good replies.
JOE

  #-1  
Old 03-12-2007, 07:21 PM
ReRun
Guest
 
Posts: n/a
Default Inherited Funds

I am very much a beginner investor. I have inherited some funds from a
will and would like some input on ways to invest the money or atleast
some direction. I was going to stick the money in a six month cd for a
while, while i try to figure it out what direction to take. This way
it would be earning some interest at least.

I am not sure if it is best to split up the money and invest in
different things or put the whole amount in somthing safe.

Any help or direction would be greatly apprceiated. Thanks!

 

Tags
funds, inherited
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