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Crusty Conservative
Join Date: Apr 1999
Location: Friendswood, TX, America
Posts: 3,243
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Quote:
Originally Posted by wdfifteen
If your MIL was comfortable with conservative investments, you should keep the portfolio conservative. The last thing you want to hear is, "We were doing fine until Bill got involved, then the market tanked and I lost a lot of money." Good family relations are better than good investments.
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Exactly. I really want to just get her pointed in the right direction, not become her financial advisor. Afraid that would create too much family friction, and as I stated I am not really comfortable with that responsibility.
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Bill
69 911 T Targa, 2.4E w/carbs (1985-2001)
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73 911 T Targa, 3.2 Motronic (2001- )
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