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What to buy now?
Old 05-22-2008, 01:04 PM   #1
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Join Date: Mar 2008
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I had a jumbo C D which has just matured. I have also recently sold some stock and find myself with what I think is way too much cash ( MM funds ). Most of my investments are in real estate ( my mortgage-free home ) and index funds within tax protected accounts. I'm afraid that I am not as sophisticated as an investor as many of you on this forum and humbly ask for any suggestions as to what I should do with 100k+ in cash ( taxable ), the proceeds from the CD. This is money that I should not need for quite some time. I have pretty much rejected real estate, annuities and high fee mutual funds. I am now trying to understand bonds, but I am, mostly by reading opinions in this forum and elsewhere, getting the feeling that they are not in favor now. I would appreciate any feedback, general or specific, if any of you would be so kind. BTW, I am 60 and semi-retired. So what should I do with $ 100k?
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