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Question for the Money Doctors

Question submitted on Jul 17, 2019.

Question

Annuities
Bonds
Certificates of Deposit
Commodities
Exchange-Traded Funds
Hedge Funds
International Investing
Money Market Funds
Mutual Funds
Stocks
what is the safe interest with all these things

Answer

You didn't mention cash, treasury bills or real estate - there may even be other investments, but the first step for you is to prepare financial plan.  I recommend that you meet with a CPA/PFS to understand your goals.  Be prepared to discuss your personal financial statement (your assets vs debts) and your personal profit & loss (sources of income vs. living expenses), so that your financial adviser can then discuss the investments appropriate for you.  Best of luck.


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