Ask Terry Questions Mutual fund investment

Mutual fund investment

By Terry Savage on June 28, 2022 | Investments

I have $10,000 invested in Fidelity Contrafund. My dad thinks I should go into cash given recent economic times. Should I do it, or just keep it the way it is and not touch it

Terry Says

If you’re under age 75, just keep it and see what happens! Hint: With your father around to give advice, I’m betting you’re much younger. So you might start adding a regular amount to this account! And if you don’t have a ROTH IRA, open one and start a regular investment program.

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