Hey all, my 80 year old dad is asking me what to do with his nest egg and I'd like thoughts from you.
He's got about $200k, with about 25% in an S&P fund and the rest in cash. He doesn't touch it, he lives off social security exclusively, so he's willing to take on some risk. I'm not sure what to tell him - REITs like $O or $WPC? Obviously there's risk in putting money in the market, but what other alternatives are there besides sitting on cash and watching inflation reduce its value?
Submitted December 29, 2021 at 10:25AM by TheCreepyKing https://ift.tt/3zmaBfb
