i think there's three ways to do this. I would not have a balance fund unless you've got at least five years, ah, then i might have it. Vanguard has a fantastic balanced index. ebonds right now, though, are a re an area where i've seen a lot of people talking about,. It's a nice place because of inflation. And as we've seen inflation all over the place around us, investing in treasury inflation protected securities might be just a good little bump if he thinks he'll need it sooner rather than later.
#350: Anonymous and her husband have set themselves on the path of saving for retirement. But an old mistake haunts them: a financial planner convinced them to buy a mix of whole and term life insurance, which costs them $700 per month. Do they need whole life insurance, and where else can they save their money?
Mike has $60,000 in cash earning one percent interest. He has plans to buy a home and get married in three to five years. Where else can he put his cash to earn a little more? Is the stock market too risky for such a short time horizon?
Anonymous and her future husband are wondering: what’s a realistic amount to spend on a wedding?
My friend and former financial planner Joe Saul-Sehy joins me to answer these questions on today’s episode. Enjoy!
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