Follow
Share

My 53 year old brother has irritable bowl syndrome and type two diabetes. Is very over overweight. He said to invest his trust money NOT for growth except a little bit. But for preservation. Invest like he is 70 years old. The funds he picked will produce 4 percent total return. Just enough to get past a 3 percent inflation rate.

This question has been closed for answers. Ask a New Question.
Find Care & Housing
What are the government backed programs at 15 percent?
Helpful Answer (2)
Report

Yeah...been investing for some time...never heard of any guarantee of 15% back by the government or any other.

Name that program...or fund.
Helpful Answer (2)
Report

The 4% rule is a good one, Barb.
Helpful Answer (2)
Report

Everyone has their own investing style and comfort level with risk. Why don't you compromise and do a little of both?
Helpful Answer (1)
Report

Hadnuff, your brother is now wanting to play it safe with his investments, because if the stock market goes down, he feels it would take too many year to recoup what he had in his portfolio.

I know back when 9/11 happened, a lot of seniors lost half of their retirement, including myself.   It has taken a decade or more to bring one's portfolio back up to what it was the day before 9/11.   Yikes, talk about stress.   Now I have less risk stocks now that I am 70 years old.   No more just playing the market and hope for a winner. 
Helpful Answer (1)
Report

You do not have to pay for your brother. There are government programs that will pay for your brother's care.
Helpful Answer (0)
Report

Why are you investing at a 4% interest rate. There are guaranteed government back programs at 15%. At 4% you are almost matching inflation and a service fee.
Helpful Answer (0)
Report

This question has been closed for answers. Ask a New Question.
Ask a Question
Subscribe to
Our Newsletter