Investment advice - done properly - is more than just letting you know what a good investment is. I (or any other adviser) would need to know more about you and what it is you are trying to do. It's like asking a travel agent for a great holiday without giving them more info - for example: Great holiday - scuba diving in the great barrier reef in Australia - but the traveler is scared of the water OR XYZ is a great investment - has a 10yr+ hold time - but investor needs the money earlier for - new car, house, education, emergency, etc. etc.
A good investment is the one the makes sense for you at this time in your life and accommodates any (or most possible) scenarios - just like any other choice one makes - what is good for the Jones' isn't always the best thing for you. Best Car - Honda Civic? - well not if you have 5 children and live in the snow belt!
Good luckI will be getting a settlement soon and need advice on how to invest some of it...Any suggestions?
You should pay off any credit cards you have. And if you have any left over, you should save it in a CD for rainy days. It is recommended that you save 3 months of your salary for emergency.I will be getting a settlement soon and need advice on how to invest some of it...Any suggestions?
speak to a financial advisor and also find out about ISA`S
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