Badger
Thinks s/he gets paid by the post
- Joined
- Nov 2, 2008
- Messages
- 3,411
Both my parents are now gone and I have received an inheritance of $350k. Although not spring chickens my wife and I will retire in a year at 63 so we have a few years left. When we combine SS, small pensions, and what we have saved (now mostly in TRPrice 2010 and 2015 retirement funds) I figure we will have the same income as we have presently (I ran firecalc). The house is paid, the children are grown, and we have TriCare health insurance.
It has taken 3 years for our investments to get back to where they were after all the ups and downs and I am not interested in investing the inheritance so that it will be on a wild ride in the future. For now it will be placed in a MM account until I can get a better idea of what would be appropriote for us to do.
Investing in stocks seems like it is often manipulated by the big boys and bonds don't appear to be a good bet at the moment. I have tried to understand investing but as you can see by my resorting to retirement funds I'm am not too confident in selecting either funds or stocks and I could sure use some guidance.
Vanguard Wellesley appears to be a popular and more conservative investment that can provide dividends. I sure would appreciate some good suggestions for me to explore.
Cheers!
It has taken 3 years for our investments to get back to where they were after all the ups and downs and I am not interested in investing the inheritance so that it will be on a wild ride in the future. For now it will be placed in a MM account until I can get a better idea of what would be appropriote for us to do.
Investing in stocks seems like it is often manipulated by the big boys and bonds don't appear to be a good bet at the moment. I have tried to understand investing but as you can see by my resorting to retirement funds I'm am not too confident in selecting either funds or stocks and I could sure use some guidance.
Vanguard Wellesley appears to be a popular and more conservative investment that can provide dividends. I sure would appreciate some good suggestions for me to explore.
Cheers!