Ask Terry Questions where to put money if I sell my stocks?

where to put money if I sell my stocks?

By Terry Savage on May 13, 2020 | Chicken Money

I am asking for my 57 year old friend. All of his retirement is in mutual funds made up of mainly/all stocks. Where should this money be moved to so it is safe? He will needs it to live on plus his social security. Thank you!

Terry Says

The only safe place is short-term CDs at the bank. They don’t pay much but he won’t lose ANY money!

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