My parents have worked hard all their lives and made a couple good real estate investments so will have a sizeable fund to retire with. My dad is the worrying type and is worried about having some kind of income from investments when he retires. He is fixated on having an at least 7% return for some reason. He asked me for advice and I told him he needs to talk to a professional. Enter my brother in law who thinks he's a pro at investing because he made a couple bucks in crypto. I guess my dad mentioned his problem to him and now BIL is feeding him tons of advice about different things to invest into. BIL doesn't actually know shit about investing and is just going to end up losing my parents a ton of money. I need some way to convince them to get professional advice and get setup up with a stable income when they retire. Can anyone give a recommendation of what to invest into, or who to talk to etc. Would be much appreciated. Thanks.
Submitted June 01, 2021 at 12:02AM by throwaway34534523432 https://ift.tt/3c9gKRj
