Money investment
If you had $100.000 and your 60yrs old where would you invest it?
Terry Says
Sorry, that’s not a fair question! I’d need to know a lot more about your circumstances to give you advice.
For example: Do you have any debt that you’re paying high interest rates on? If so, then pay it off.
Or, are you reasonably wealthy but alone — and thinking that some day you will need long term care? If so, consider investing part of it in a combination Life/LTC insurance policy?
Or is your life well-planned, and secure — and this is just “extra” cash that landed in your lap? Then maybe take a trip and see the world while you can enjoy it!!
Your question is like telling the doctor you have a 102 degree fever — but not telling your age, other health considerations, or any history! You’ll never get good advice that way!
