Market risk
I am 76 soon to be 77 and I’m wondering if you could recommend a market risk for me. I have about 4 million dollars and wondering if I should just invest in fixed income and skip any other investments as if I don’t lose my principal I have plenty to last my lifetime. The only time I withdraw any of these funds is because of rmd’s otherwise I have enough income from social security and rental income to cover my monthly expenses. Thanks for your advice
Terry Says
I would suggest you be very careful, to the extend of investing no more than 25% of your assets in a diversified stock market fund. You can buy Treasury bills and earn 4.3%, which more than keeps up with inflation.
Read this: https://www.terrysavage.com/t-bills-beat-cds-2/
