No. of Recommendations: 0
Trying to help my mother...
She has some inheritance - she needs fixed income off part of it and can invest part of it. I can do the investing for growth part. The income part?
Some questions:
Are bond funds bad like stock mutual funds?
Are bond UIT's any better (I'm sure it depends on the particulars of the UIT, but is there a general opinion)?
My current plan is to have her open an account with Charles Schwab and have their bond specialists help her out. They have some UIT's which sound reasonable - with option for monthly payments.
Any other suggestions - web sites, books, strategies...
Thanks, remster
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement