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09-19-2021, 07:57 PM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
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Quote:
Originally Posted by walterray1
what is the goal of the proposed investment. To a number of us at this point of our lives we may just want to preserve our capital. To some it may be to balance it all out between growth and preservation. To others it may be to take a big risk with the potential for big return. Maybe the point here. Guess it all depends.
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He wants to invest it to generate some income and/or appreciation. He receives far more income from his business than he spends which is where this came from. He is conservative and maintains sufficient cash reserves. He was asking me if I had any ideas and I told him not really. And I don't as I am in the same quandary with a lesser sum.
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