what is a stable investment that will grow faster than the rate of inflation?
...AND is a good investment for someone on a very low income? thanks!
Investment best answer:
Answer by Me and only me
Depends on a lot: time horizon, risk tolerance, amount you are investing etc. Risk tolerance is basically how much can you feel comfortable poising overnight? 10, 20, 30%? 30% would be 100% equities while 15% a mix of half equity and half savings like short term fixed income.
Then you need diversification in equities, some in overseas, domestic, etc.
I would suggest calling a firm like usaa and talking to them. 800-531-2265.
Best of luck and no they won't charge.
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