Hey guys, I'm new to the forum and would greatly appreciate your advice and expertise.
I have inherited a small sum of money from a family member and have since put it wholly under my savings account. At this point, I'm still in college and have no idea where to begin, let alone thinking about investments. My question is: do I lose more money/purchasing power if I just put this amount of money in savings account over time, since inflation will keep going up?
A bank associate also recommends me to be in touch with his investment officer so that this sum of money can be handled/invested better, but I'm still confused about this whole process. If you guys have any advice or links that I can refer to for more information I would truly appreciate it. Thank you once again!
Submitted March 21, 2019 at 12:09AM by morningstarprime https://ift.tt/2OgsjZT