Moving funds into cash
I am 70 years old and have $350 in diversified funds.
Should I be moving my money into cash.
Terry Says
$350? Or $350,000??? At age 70, you might want to move nearly half into Treasury bills to protect against loss. Read this: https://www.terrysavage.com/t-bills-beat-cds/
The rest could be in conservative income-paying stocks, or shorter term bonds. It all depends on your risk tolerance. This is where a fee-only FIDUCIARY advisor (who is not charging commissions on recommendations) could be helpful. Find one at Wealthramp.com.
