I wish I had $150,000…..I would talk to a good financial advisor and invest the lion’s share.
Save your money—collect your 5% interest and skip paying the financial advisor. They will rip you off on fees.
For future reference:
https://www.bogleheads.org/wiki/How_much_do_you_lose_to_annual_fees_after_many_years%3F
Our Oppenheimer financial advisor has steered us into a lot of funds. I noticed they generally made about four percent. When Biden crashed the economy, the funds lost money. I studied the many losers and discovered exactly thirty percent of each fund was invested in companies who claimed on their website to be “all about” in the words of one, saving the planet. They were heavily invested in ESG or DEI or both. Some had a VP or director of ESG/DEI. Those companies were not making any profit because, profit’s bad for the environment don’t-cha-know. I sold those funds and invested in companies dedicated to ruining the environment...you know oil, weapons, airplanes.
So, who made money on those funds? The people who ran them and nobody else. They generally had seventy percent good companies to make up the difference. But their real customers for those funds was Calpers and Black Rock. Those companies have billions to invest, and they’ve outright said, if you aren’t saving the planet, you won’t get their money. Those funds were squarely aimed at their money.
“I wish I had $150,000…..I would talk to a good financial advisor and invest the lion’s share.”
safe investment would be Schwab’s SNOXX short term fed bond fund yielding 5% ...
Shell stock is yielding a dividend of 4.97% at today’s price of $63.57, plus good likelihood of capital appreciation ...
you won’t get rich investing like that, but you won’t get poor either ...
“I would talk to a good financial advisor...”
Like this handjoh?