Investments

[Js118]

Anyone on here a financial advisor/ broker, seasoned investor ? I have a relatively substantial sum of money I would like to invest and don’t really know what to do.

 

[01dragonslayer]

Careful..... you just opened yourself up.

My advice......do some research on local investment companies.....ones in your area and meet in person with an advisor.

 

[Js118]

Careful..... you just opened yourself up.

My advice......do some research on local investment companies.....ones in your area and meet in person with an advisor.

I did that, I actually met with 2 and they both gave me really basic stuff. high yield saving/ treasury ladders and mutual funds.

I appreciate you looking out, definitely going to do my own due diligence and not just invest my money in anything because some random person said to.

 

[01dragonslayer]

High yield investments?.....how old are you?

 

[Js118]

High yield investments?.....how old are you?

High yield savings. They wanted me to keep my emergency funds in there as it earns ~4%. I’m in my 30’s

 

[01dragonslayer]

T

High yield savings. They wanted me to keep my emergency funds in there as it earns ~4%. I’m in my 30’s

He younger you are the more opt they want you to invest in high risk plans. Which makes much sense.

 

[Js118]

T

He younger you are the more opt they want you to invest in high risk plans. Which makes much sense.

As far as I can tell the high yield savings isn’t even a risky investment. It’s FDIC insured and it’s with one of the top 3 banks in the US. It’s all the mutual funds they were pushing that got me concerned given the stock market forecast.