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What?!?!
Join Date: Mar 2002
Location: Kingsport, Tennessee
Posts: 4,500
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Quote:
Originally Posted by rfuerst911sc
...We want to invest the money into an account that is safe/insured . Thinking of a money market account at a bank with FDIC coverage....
...Her " nest egg " is 25k plus this 100k. The 25k is currently invested with a financial advisor in NY where she moved from . She is now living in Georgia near us . Any investment advice is appreciated . Thanks in advance .
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Earning decent money short term can be tough.
Like you said, probably best to just park it in a Money Market for easy access.
Regarding the 25k with someone in NY, I would feel better having someone much, much closer be the advisor.
No affiliation, but a good place to start.
https://www.ramseysolutions.com/retirement/smartvestor?snid=trusted-pros.retirement-and-investing.smartvestor-pros
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