Quote:
Originally Posted by Becca9800
Can you recommend a book, please?
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This book will help.
Amazon.com
FYI, my 85 y.o. mother has an advisor she's used for years and he's done right by her. After she sold her home in OH and moved down here in Feb. she had me invest the proceeds from her home sale. I put her in Vanguard's Wellesley Income Fund, which has a good mix of stocks and bonds. Stocks make up almost 40% of it and the rest is bonds/cash. It's a fund with a good performance history, well managed and lets me sleep at night. My wife and I also have a position in it.