IRA

By Terry Savage on September 14, 2020 | Investments

my husband and I are both 60 Im very concerned about losing any $ with the upcoming election–any suggestions we are with fidelity

Terry Says

Well, I don’t know your age or whether you’re already withdrawing (not required this year) or how much other assets you have. But the simple answer is that if you’re with Fidelity switch a significant portion of your money from your stock funds to a money market fund inside the IRA. You won’t get rich since they pay almost no interest on a MM fund– but you won’t lose a peeny!

Recent Investments Questions

money

ASK TERRY

a personal
finance question