New Investment
I have inherited $500K from sale of paternal properties. It is in a money market account earning 4% APY. I don’t need it for the next 3 years and would like to invest it in an index fund. Is this a good time to invest, or should I wait for markets to stabilize midst tariff talks.
Terry Says
Whew — I’m glad you asked ME instead of a stockbroker or advisor who would be greedily considering the commissions he/she could earn by tell you to invest!
My advice is to leave it in the money market account for a while. Then read this:
https://www.terrysavage.com/pam-krueger-wealthramp/
Pam will match you with a few trusted, fee-only FIDUCIARY advisors. Meet them, and listen to what they have to say. Then take your time making a decision.
