So I have been investing my savings into VTSAX and a Vanguard Target Retirement Fund. I have also been helping my mom do the same with her savings. From what I've read at least, the annual return is on average 7%. My aunt on the other hand has been investing in the AT&T 5.625 Global Notes. She has about $170k in it and claims she's getting $700 interest in it each month so it comes out to approximately 5%. I don't fully understand how the note works so I can't explain to my mom why she should stay with her own investment or switch over. Can someone please shed some light on this? My mom is 50 years old if that matters. Thanks!
Submitted October 20, 2018 at 08:41PM by HVBmemer https://ift.tt/2Pb2VY9