Question of the Week

Questions of the Week

Co-founder of the Switzer Report
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Question 1: What should 73 year old retired people who are 90% in cash (earning 2.15% interest currently) do with their money?

Answer (by Paul Rickard): The $64 million question! Sounds like you really aren’t comfortable with shares or other higher risk assets, so this late in the cycle, I am very reluctant to recommend that you invest in growth style assets.

There is nothing wrong with earning 2.15% and taking absolutely no capital risk.

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