Posts Tagged ‘IRA’
Where To Invest???
Today I will be signing papers for my settlement and I have decided to go w/a structured settlement but am pulling ,000 off the top and want to invest about 25,000 of it but I have NO knowledge of where to invest it,the difference between investing and trading,if I should just buy a house,cd’s,ira’s or put it all in a savings acct.????I’ve been an average "working Joe" all my life pretty much living from paycheck to paycheck-never thought I would have enough $ to invest with,(life is full of suprises)so I never took time to educate myself in the world of investing,stocks,trading.etc…I hope to hear from those with knowledge=perhaps those who have experienced a similar situation.FYI>I am going with a structured settlement because I am afraid to test my own discipline with so much money and I KNOW that this is my once in a lifetime opportunity to leave behind something for my 3 grown children and 3(so far) grandkids.Thanks to all who offer advice and/or direction.
Obama Administration Endorses Annuities to Boost Retirement Security
n this weeks edition of Speaking of Settlements, Mark Wahlstrom, the President of Wahlstrom & Associates and the host of The Settlement Channel discusses the recent information that the Obama administration is encouraging the use of annuity contracts or immediate annuities at retirement to provide a greater degree of security as people head toward and enter retirement. Viewers of The Settlement Channel will find this not to be a surprise, but if you want to know more about how firms such as Putnam Investments, researchers at UCLA and governmental advisors are finally coming to the realization that buying an annuity to fund your retirement may be the best option for most Americans, listen to this weeks broadcast. For more go to www.lbnnews.com