I am 51 years old and on social security disability.
Where should I invest what little money I get each month? I am trying to prepare for old age if I live that long.
2006-12-07 13:17:05 · 6 answers · asked by unimichael88 1 in Business & Finance ➔ Investing
My checking account.
2006-12-07 13:18:48 · answer #1 · answered by waxingtheturtle2 4 · 1⤊ 2⤋
You could live another 30 years or more...that's plenty of time to still save and invest for. Typical advice is to put 50% in bonds and 50% in stocks for your age.
See your local bank for mutual funds with no or low expenses and good diversification like index stock fund.
2006-12-07 15:13:05 · answer #2 · answered by dm_dragons 5 · 0⤊ 0⤋
properly, your father is like a number of time-honored human beings and has a favor for sex each and every so often. this is not time-honored for someone to stay some thing of their existence without sex after their spouse has gave up the ghost. Your father gained't love this new female in his existence, yet he famous her good employer and a launch from his sexual frustrations. or possibly he does love her and ought to ensure to have a courting including her in some unspecified time sooner or later. if fact learn that your father is probably attempting to stay away from hurting your emotions with techniques from not telling you about this female. He ought to imagine you'll reject her as a step mom, might want to he ensure he had to re-marry. toddlers must be rather complicated with step mom and father. yet an additional reason he gained't opt for to inform you is that this is not any of your corporation organisation. It in elementary words will become your corporation organisation even as and if he makes a decision to carry this female into the kinfolk. in elementary words then ought to he favor to seek your approval if he had to make her an addition to the kinfolk team. And by the way, your fathers taxt messages are his inner most element and also you've were given no accurate to bypass snooping and interpreting them. Your father is entitled to a private existence of his personal and also you should renowned that.
2016-11-30 07:18:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Tip for stocks: invest in medium-large cap stocks. It's less risky.
If your lazy, invest in a mutual fund.
2006-12-09 00:42:31 · answer #4 · answered by denxxchua 3 · 0⤊ 0⤋
You have money left over for investments? WOW. You certainly are lucky.
2006-12-07 13:25:10 · answer #5 · answered by Anonymous · 0⤊ 0⤋
check with your bank , maybe a CD would be good for you
2006-12-07 13:19:08 · answer #6 · answered by silverearth1 7 · 0⤊ 0⤋