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Re: Fathers settlement [Portfolio help]

Funny thing is as that I could probably tell him he wouldn't be able to take the money out and he would believe me. I am not sure I want to take that chance though. Regarding the immediate annuity, is there any particular company I should invest with? I was just planning on having him go through Van...
by nowayout
Sun Mar 24, 2013 3:49 am
 
Forum: Investing - Help with Personal Investments
Topic: Fathers settlement [Portfolio help]
Replies: 8
Views: 797

Re: Fathers settlement [Portfolio help]

Am I over thinking this? $180,000 divided by 240 months (20 yrs) gives him $750 a month. That is zero interest on that money. Does a simple investment into a safe fund make better sense? Something like DBR mentioned above, 60 stocks 40 bonds.
by nowayout
Sun Mar 24, 2013 1:11 am
 
Forum: Investing - Help with Personal Investments
Topic: Fathers settlement [Portfolio help]
Replies: 8
Views: 797

Fathers settlement [Portfolio help]

New here but I have been lurking for awhile. I have followed some advice from here before but now I have a particular issue I cannot find an answer for. My father(60 year old) is horrible with money, he relies on social security and not much else. I have to help him get by. Anyway, he just received ...
by nowayout
Sat Mar 23, 2013 5:12 am
 
Forum: Investing - Help with Personal Investments
Topic: Fathers settlement [Portfolio help]
Replies: 8
Views: 797

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