How should my elderly Aunt invest her savings at Fidelity?
Hi Terry-
My Uncle recently passed away and my Aunt has just under $200,000 from his life insurance. What is the safest way for her to invest at Fidelity to provide some growth and potentially some income? Thank you in advance for you advice.
Terry Says
How much of that money is she willing to lose?? If the answer is NONE, then it should sit in a government money market fund!
You don’t say how old she is, how much of this money she might need to
Live on each month, what debts she might have, etc. so how can I possibly suggest investments?!
More details, please.
