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re: What to do with cash right now?
Posted on 5/15/21 at 9:19 am to NAsh-vegas Tigah
Posted on 5/15/21 at 9:19 am to NAsh-vegas Tigah
Not much to choose from.
I manage my Mother’s account.
I keep 5 years worth of her expenses in cash.
Seems like a lot of money to be sitting idle, but she will need that money in the next 5 years.
The younger folks, say less than 60, probably can assume more equity risk.
BDCs and preferred ETFs are possibilities.
I manage my Mother’s account.
I keep 5 years worth of her expenses in cash.
Seems like a lot of money to be sitting idle, but she will need that money in the next 5 years.
The younger folks, say less than 60, probably can assume more equity risk.
BDCs and preferred ETFs are possibilities.
2
Posted on 5/15/21 at 9:43 am to makersmark1
quote:
BDCs and preferred ETFs are possibilities.
Thanks learned something new today. Now to research them. Any suggestions on where to start?
Posted on 5/17/21 at 1:37 pm to makersmark1
quote:
I manage my Mother’s account.
I keep 5 years worth of her expenses in cash.
You are screwing your mother. And yourself if you are inheriting what she has.
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