Question: Your parents are retired and have expressed concern about the
Your parents are retired and have expressed concern about the really low interest rates they’re earning on their savings. They’ve been approached by an advisor who says he has a “sure-fire” way to get them higher returns. What would you tell your parents about the low-interest-rate environment, and how would you advise them to view the advisor’s new prospective investments?
Relevant QuestionsWhat type of bank serves your needs best? Visit the Web sites of the following institutions and prepare a chart comparing the services offered, such as traditional and online banking, investment services, and personal ...Describe some of the short-term investment vehicles that can be used to manage your cash resources. What would you focus on if you were concerned that the financial crisis would increase inflation significantly?What are the advantages and disadvantages of leasing a car?Describe a real estate short sales transaction. What are the potential benefits and costs from the perspective of the homeowner?Why is it advisable for the prospective home buyer to investigate property taxes?
Post your question