I am selling my mother's house and expect to get around $60,000 for it to finance her stay at an assisted living home. The cost to stay at the home is $1300 per month and she gets only $500 per month SS. What's the best way to invest the proceeds from the sale of her house to attempt to cover the remaining $800 each month without exhausting the entire $60,000?Stocks or Mutuals but short-term cap. gains? Short term T-bills or bonds? CD's and/or money markets? Show me the way. Thanks
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, A