to op:Hi,
I recently inherited 10k and I would like to invest/grow it for retirement. I am 58 and I basically live paycheck to paycheck right now and really have nothing to look forward to as far as retirement goes beyond SS. So that's bleak.
I currently have it in an account with UFB that is giving me 5.25% interest.
Should I be looking at a good Mutual Fund?
Any advice would be greatly appreciated.
Thank you
given your info (not others), consider a CD ladder and/or treasury ladder (not funds), the odds are great that you will need that 10k in the short term.
or leave it where it is now.
j
Statistics: Posted by Sandtrap — Fri Jul 19, 2024 11:23 am — Replies 13 — Views 1382