My family and I are doing well. The college funds are all set for the boys, we have ZERO debt outside of the mortgage. Our home is a duplex and the tenant is paying the complete mortgage every month, and then some. I made a great investment choice for that piece of property.
So my husband asked me how I would invest the money. He is good with money when it comes to real estate, but I relish real estate, stocks and futures. We are wanting to invest the money for at least ten years. I do not dare play the volatile short term market at this time.
Thank you for your time and advice.
So my husband asked me how I would invest the money. He is good with money when it comes to real estate, but I relish real estate, stocks and futures. We are wanting to invest the money for at least ten years. I do not dare play the volatile short term market at this time.
Thank you for your time and advice.
Scott Carpenter 10:28 am on March 11, 2010
I would recommend either annuities that either provide a set guaranteed amount of return or a market indexed annuity as another possible option. There are many pros and cons for any option you consider. Make sure you feel comfortable with agent you work with and that the agent is willing to consider many different options with you and help to explain the pros and cons for each of the options. The internet is good for opinions but in the end it all comes down to this: no one single product or financial vehicle is going to be an exact match to your needs but the agent you work with should fit your personality style 100%. Don’t settle for less than 100% match when it comes to who you work with. If you stand true and find the right agent, the best product option will reveal itself to you during your deeper conversations with that agent! Good luck – Scott Carpenter (scott@srcmaine.com)
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