Jump to content
The forums have been archived and are now read only. Years of great info saved for your reading pleasure. Thank you! Visit us on Facebook: https://www.facebook.com/NakedInvestor/ ×
The Naked Investor Forums
timmym22

Relative has 50k cash....what should he do with it?

Recommended Posts

A relative of mine has 50k cash in the bank. He is very skeptical of real estate because he doesnt want to tie up his money. Where would be a good place to put the money that will allow to be pretty liquid yet get him a better return than 1% from his bank. thanks for the help

Share this post


Link to post
Share on other sites

That's an impossible question for anyone to answer as there are so many variables involved. What is his appetite for risk? What are his investment goals with this money? What about other investments he is holding? The details of his overall financial picture? All of these factor into the equation.

As I said, too many variables to answer that question.

Share this post


Link to post
Share on other sites

×
×
  • Create New...