Ask Terry Questions Investment with my yearly bonus

Investment with my yearly bonus

By Terry Savage on February 27, 2023 | Financial Planning / Retirement

I receive a salary plus commission in my current position. My commission is usually more than my salary I’m wondering the best way to invest. I already invest the maximum in my 401(k). I need a good financial advisor and somewhere to start investing the commissions. Can you please advise? CDs, stocks, gold?

Terry Says

What a fortunate position to be in. I don’t know your age, your other financial responsibilities (children? college?) or whether you own your own home, or would be looking to purchase. So it’s difficult to give specific advice.

I just want to keep you out of the hands of salespeople who would be delighted to give you investment ideas –and make nice commissions from their recommendations. If you would like overall financial advice from a fee-only FIDUCIARY financial advisor who puts your interests first, then please check out this link at my website for the Wealthramp service.

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