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re: What to do with half mill?
Posted on 4/26/14 at 12:36 pm to purpngold
Posted on 4/26/14 at 12:36 pm to purpngold
quote:
This pot of money is strictly to be passed on to heirs.
If so then there's no reason to be invested in CD's or savings accounts. One option is to buy target retirement fund ETF's with target dates near the expected retirement dates of the heirs.
Or he could be more aggressive than that since the cost basis will reset when inheritance takes place.
1
Posted on 4/26/14 at 1:25 pm to foshizzle
Ally online account is great. I get 1% pretty much for doing nothing with no risk. Online might hold the old folks back though. Otherwise CDs.
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