|
#2
| |||
| |||
| 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
| |||
| |||
| - quote - > You've given no information that will get you an answer, let alone a
Also, you need to take an investment risk tolerance test and see how> 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 you score before anyone can make any recommendations. Time horizon for the funds is also a major factor. Scott |
| | |||
| |||
| ReRun wrote: - quote - > I am very much a beginner investor. I have inherited some funds from a
You've given no information that will get you an answer, let alone 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! 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
| |||
| |||
| 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 |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Alternatives for inherited IRA? dpb: Can someone summarize the rules for inherited IRAs? I'm trying to primarily obtain most flexibility in selecting when have to take RMD's with, (I... | Taxes | 7 | 10-21-2006 10:52 PM | |
| Inherited IRa sjmo2: Our mother recently passed-away (age 63). She had inherited an IRA from my father (who was under the distribution age) and the IRA was then set-up... | Taxes | 1 | 01-09-2006 12:01 AM | |
| Inherited SEP-IRA Jim Beaver: My wife died earlier this year, leaving a SEP-IRA account of about $47,000.00. I have a Roth IRA, which I rarely contribute to because our joint... | Taxes | 10 | 11-18-2004 01:35 AM | |
| inherited IRA John H. Fisher: In article <_fK8b.14192$KW1.10903@twister.austin.rr.com>, "msmap" <msmap@houston.rr.com> writes: >My wife and I have just inherited an IRA from... | Financial Planning | 1 | 09-13-2003 09:19 PM | |
| Thread Tools | |
| Display Modes | |
| |