Quote:
Originally Posted by bigdog
I know this Forum isn't the place to ask for investment advice, as one should always seek advice from a professional advisor, preferably one who acts as a fiduciary. Would be interested in where folks are investing their money these days....Bonds have taken a dive, with interest rates rising, stock market is over-priced and just a matter of time before in heads downward, and I'm not a fan of Annuities for a variety of reasons, and forget about Money Market accounts…..Again, everyone should seek professional financial advice. Appreciate your comments.
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Just hours before you posted, my NY-based CPA told me that "holding cash" depends upon your age.
As one ages, one should hold as much as 50% in cash.
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