As boomers, many of us have accumulated some cash along the way. In these days of uncertainty and low interest rate returns, where are you putting your cash?
As boomers, many of us have accumulated some cash along the way. In these days of uncertainty and low interest rate returns, where are you putting your cash?
I am not a boomer but I was a financial consultant for a year (read: mutual fund salesman). I worked with a lot of boomer and I had to sell to them as well. I honestly didn't meet many who had much money... In fact, it bothered me that most people didn't have the habit of managing money.
Anyway, I saw a lot of people lose most of their money and most hasn't come back yet. My parents as well.
After seeing this, I don't put money into anything that I cannot control any more and don't understand. I put money into online businesses, real estate and precious metals.
Day care centers are a great investment. No matter what life brings, people keep on having babies!
Couldn't help on the destroyer "strong against" query but someone will prob have a spreadsheet nicely aligned for us to "sail" thru.