I am concerned he could be a target for theft. He is hesitant to get rid of it because he was taught it’s a secure safety net, but he is open to insuring it for something like $20 a month, which sounds like a bad idea to me… I am familiar with investing options, but I’m not sure how those change for much older folks as investments involve risk. He sometimes will sell a single coin to cover large random expenses as they come up. I’m worried he could get robbed one day and that safety net would be gone. Would it be best for him to just sell it all and stick it into a HYSA?
Submitted February 13, 2024 at 12:02AM by SweetOkay https://ift.tt/Inp8C6L
