Ask Terry Questions Buying mutual funds

Buying mutual funds

By Terry Savage on March 26, 2020 |

After selling my bonds is it appropriate to buy tech or energy funds at this time. I am 93.

Terry Says

No, sir. Don’t you think at this stage of your life, it would be wise to keep your cash safe? Do you have a huge fortune that you’re planning to leave to your children or grandchildren — money that you know you’ll never spend??? If that’s the case, you could consider stocks. (But not speculations like energy stocks in this new world.) Otherwise, please leave it in the bank!

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