Savings/investment
Hi Terry, We recently had our last child graduate college. Now that we are through that phase, I would like to know what is the best short term investment strategy for a fairly decent savings? I don’t want to tie up my savings for long periods of time and I do already have a retirement account. Is a CD my only option? Thank you
Terry Says
No, you could stash extra money safely in Treasury Bills — Read this: https://www.terrysavage.com/t-bills-beat-cds-2/
But what you really need is a comprehensive plan, addressing income issues in retirement as well as investments, and your estate plan, and taxes. Please read this link— to find a fee-only FIDUCIARY financial advisor you can trust. It’s at least worth one meeting!