How to Invest Gift Money

Terry – My daughter came into some money ($100,000 as a result of a court settlement. I don’t really know how to advise her on how to invest this money. I have not done such a great job myself. She will be married in 3 weeks and I am thinking that maybe should contact someone like a TRowe or Fidelity. Your thoughts would be greatly appreciated. Thank you.

SAVAGE SAYS: I’m a bit behind in answering blog posts — promise to do better, but I was on vacation. I would really like to send your daughter a copy of my book, The Savage Truth on Money. That will help her invest it wisely. Would you email me your address, or hers Send your email to Terry@TerrySavage.com.