Ask Terry Questions Where to invest

Where to invest

By Terry Savage on May 10, 2024 | Chicken Money

Hi Terry,
I have a $107,000 in a cd (I know terrible investment)that is maturing finally. This is part of my chicken money since I’m 71 and retired. Should I put it in more t Bills (I already have money in T Bills) or add to one of my Vanguard investments (VWENX or VWINX holdings)? Or do you recommend something else?
I listen to you on WGN and read your columns.
Thank you

 

Terry Says

Well, the decision about risky stock investments vs “chicken money” requires more knowledge about your overall investment assets, need for income, tolerance for risk etc.

BUT if you know this is “chicken money”that you don’t want to lose — then for sure, use 6 month T-bills, with maybe 20% in 2-year Treasury notes, which you can buy at auction once a month in your TreasuryDirect account.

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