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.