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re: Elderly family member asked me for advice on what to do with his money.

Posted on 10/10/13 at 2:53 pm to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89613 posts
Posted on 10/10/13 at 2:53 pm to
quote:

Any thoughts?


Have him give it to me and I'll cut you in for half.




j/k

Have you thought about the better dividend stocks?

Pretty much any of these companies will outperform CDs, in some cases substantially.

Dividata's Top Rated Stocks

At his age, ya'll might want to consult with trust people to determine the correct vehicle - you'll still have some flexibility in the risk/reward/yield areas.
This post was edited on 10/10/13 at 2:54 pm
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