IRA or US Treasury Bills
Hi Terry,
My financial advisor at Vanguard suggested I put in $7,000 into my IRA which is now at $38,000 rather than put the dollars into US Treasury Bills. I currently have $1,000 in Treasury bills.
What are your thoughts?
Thank you.
Terry Says
Is your financial “advisor” managing your IRA — and getting fees for it???
How old are you?
What other assets do you have?
How much other “chicken money” do you have?
This is a very big question to ask and I have no knowledge of your situation — OR, whether your financial advisor is acting in your best interests, or just trying to earn fees and commissions!
My suggestion: Talk with a FEE-ONLY, FIDUCIARY financial advisor who for sure puts your interests first.
Find one here.
