M
mishmash
Guest
Hello,
My folks were self employed for 30 years. They saved some cash, but unfortunately ( or fortunately! ) never invested in a pension. Now they are relying on me to advise them where to invest their 200k, to ensure it will not disappear overnight.
I am trying to educate myself on the various savings rates and the pitfalls therein. Truth be known, I am petrified I will advise them in the wrong.
Any simple sound advice, please & thanks.
My folks were self employed for 30 years. They saved some cash, but unfortunately ( or fortunately! ) never invested in a pension. Now they are relying on me to advise them where to invest their 200k, to ensure it will not disappear overnight.
I am trying to educate myself on the various savings rates and the pitfalls therein. Truth be known, I am petrified I will advise them in the wrong.
Any simple sound advice, please & thanks.