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Subject:  investing for income at 77 Date:  9/17/2003  11:48 AM
Author:  davidcaruso Number:  37215 of 88544

So my mother-in-law (age 77) just came into some ca$h after her cousin died. She would like to invest some ($120,000) to suppliment her monthly income. What would be the best vehicle to do this?

Individual bonds? How would the interest be delivered to her?

Will this process require a bank and a banker or can I do this for her through a discount online broker?

--Always helpful, just ask.
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