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re: Where should I invest money in a trust?
Posted on 5/5/24 at 4:01 pm to dyslexiateechur
Posted on 5/5/24 at 4:01 pm to dyslexiateechur
It was mom’s trust. Brother and I inherited it.
Neither of us have a pressing need for the money so figured we’d invest it—just not sure with who.
We do have a CPA and lawyer involved.
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Good to invest it. Low cost index sounds like a good choice. S&P 500 is solid over time. You would need to share more details to get better advice. Leaving it where it currently is could possibly be best choice without more info.
You should determine some goals for the money. Do you want to minimize risk? Grow it? Do you have other financial liabilities at high rates? Are you in a strong real estate market? Lots of factors to consider.
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