Where Should I Put My Money
I just sold a propety and now have $38,000. I plan to spend about $10,000 paying off credit cards and then I will have $28,000 left. I am thinking about buying some certificates at the bank and making a little interest with it. Also I have $7500 invested with someone in mutual funds. This account has been moved around to several people, not by me but by the company. Now I have a new guy advising me. Frankly I dont like him. I just dont know what to do with the money. I am 60, am retired, receive a pension and also Canada Pension and I work on a part time basis. I dont understand much about investing but I am confused as to why I would keep tying up my money when I would like to spend some of it now. I hope Joyfulguy is reading this and can help me out.