Small investment
I received $1000 as a personal gift and I would like to invest it in someway. I heard you talk a lot about I bonds on WGN radio. I’m not really sure where to invest this. Just a little background I have a small pet care company that has been struggling ever since Covid and I have a lot of debt but I really feel like I should take this thousand dollars and invest it. I only have a very small IRA right now .
Terry Says
I think you should keep this money in a money market account, just in case of emergency. Open a new account and keep it separate. Then try to add to it every month. Then please write back in 6 months. See if you can do that, keep the discipline. Then I’ll give you an idea. You don’t want to risk this money — it is truly “chicken money.”
