Quote:
Originally Posted by Yorkie
She is currently living in a rented apartment but hopes that she can afford to buy a little place in a few years time and that the money would help with the deposit. She is risk averse and really cannot afford to loose the money.
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Slowly begin to buy short term corporate bonds, cds, etc. (3-5 year maturity)
but take it slow, dollar cost average in over the next 18 -24 months as interest rates rise, and hold to maturity. Avoid stocks completely and bond funds too imo.
Gives her a modest, "safe" return...
My .02 worth exactly what you paid for
