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Message
Elderly woman retired. Wants to invest $500K. Advice needed
Posted on 5/5/21 at 5:58 pm
Posted on 5/5/21 at 5:58 pm
Any advice on a financial advisor in the Lafayette area that we can speak to to help manage her money. This is additional cash than her other investments but she wants to be non aggressive with it.
Posted on 5/5/21 at 6:06 pm to tigersint
buy gold ingots and burry it in the back yard
seriously we are headed for the worst depression seen in the last 50 years and senile creepy joe will put all but the biggest corporate giants out of business
no investment is safe from inflation and the looming recession other then gold ingots
seriously we are headed for the worst depression seen in the last 50 years and senile creepy joe will put all but the biggest corporate giants out of business
no investment is safe from inflation and the looming recession other then gold ingots
Posted on 5/5/21 at 6:12 pm to tigersint
Vegas
Tell her not to come home until it is $2M.
Tell her not to come home until it is $2M.
Posted on 5/5/21 at 6:14 pm to tigersint
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Posted on 5/5/21 at 6:15 pm to tigersint
Heaven help that old women if she's leaning on you.
Posted on 5/5/21 at 6:16 pm to tigersint
quote:
Elderly
Bond ladder.
Crummy return but if she's already old, that plus her social security will provide for her needs. Not like she has to make the half million last 50 years.
Unless she wants to leave a nest egg for her children and grandchildren. In that case she should invest like a young person.
Posted on 5/5/21 at 6:48 pm to tigersint
Doge seems like the smart play since she’ll have plenty of time to recover any losses
This post was edited on 5/5/21 at 6:50 pm
Posted on 5/5/21 at 8:47 pm to tigersint
Stick with a bank. They're insured, reliable etc...more than likely, the FA in the bank has been there afor at least a considerable amount of time.
If she is elderly, what does she want to do with it? Legacy or growth?
And if it's growth, what is the time frame?
If she's elderly, there are only 2 things she can do with that money, she can spend it or leave it to a beneficiary.
If she is elderly, what does she want to do with it? Legacy or growth?
And if it's growth, what is the time frame?
If she's elderly, there are only 2 things she can do with that money, she can spend it or leave it to a beneficiary.
Posted on 5/5/21 at 8:58 pm to keakar
quote:
keakar
Hussss...h your mouth, rookie.
Posted on 5/5/21 at 9:27 pm to tigersint
STLF. Local investment! Check it out. I am not an financial advisor!
Posted on 5/5/21 at 10:44 pm to tigersint
Hit me up at threeputtpar1@gmail.com. I can lead you in the right direction with someone in Lafayette.
Posted on 5/6/21 at 10:16 am to tigersint
Put it in HMBL ETX
It buys crypto for her in the safest way possible operating like an ETX. I invested in April in the Block 5 and am up 29.7% so far. It basically buys a bunch of crypto coins in an effort to reduce volatility.
It buys crypto for her in the safest way possible operating like an ETX. I invested in April in the Block 5 and am up 29.7% so far. It basically buys a bunch of crypto coins in an effort to reduce volatility.
This post was edited on 5/6/21 at 10:18 am
Posted on 5/6/21 at 11:08 am to tigersint
Get a copy of Velvet Jones’s books
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