No. of Recommendations: 0
Splotto asks:

"Her number one priority is that the money be maintained and not decrease. I welcome any comments or suggestions."

1) Pay off the mortgage if she has one.

2) Pay off any credit card debt.

3) Buy a 6-month CD @ 2% with the rest.

Your Mom is a wise owl for emphasizing return of capital instead of return on capital. In 6 months you and she can review your strategy and make any necessary adjustments in free cash. In these turbulent times it is prudent to plan in small increments.

If you want to take a small amount of risk you could consider $10,000 of gas and oil futures. In-ground assets are valuable during times like these when the dollar is falling. Plus, the odds on oil and gas rising in price by the end of the year are better than 50/50.

Hope this helps.


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