life insurance market shares
At the age of disabilities 48 w / $ 100 for reversing MTH, IngDirect is like my best bet or what?
That is my only investment. I've lost 75% of my 401k in Enron's offer. It was a car + profit sharing contribution is invested in mutual funds or money market. I'm not very culture financial, I could'nt even tell the difference. But what I didn't lose I had to live for 2 years. I had to wait for my inability to be approved. I had to declare bankruptcy due to excessive medical bills and no income for 2 years. I just get to where I m able to start spending a little. Everything I paid for my cabin, car, truck, Medicare, and Social Security ck. which only pays the bills and that's it. I even lost my life insurance policy, so I have to start doing something. And right now may not be risky. Any help is appreciated. Thanx!
I'm sorry about your problem with Enron. I suspect that were heavily in company stock. If you have invested in money markets or mutual funds, which would have been better insulated from Enron's demise. If you can not take any risks, or withstand the volatility of securities markets, then you should be on CD's down on the bench. However, if you want to grow your money, then the stock market is the place to be. For a small amount, can begin investing in mutual funds TRow Price. For $ 250 initial deposit, and the monthly contributions, you can open an account with them. TRRIX Retirement Income and Balanced RPBAX a diversification of investment funds TRP. The 1 is very conservative with 40% in stocks, bonds and 60% / fixed income. The 2nd is more aggressive with 60% stocks and 40% bonds. Might not hurt to educate yourself about money and investing. Check out 'Investing for Dummies "by Eric Tyson. It will teach you some of the basics – stocks, bonds, mutual funds, diversification, allocation assets, expenses, etc. I have this book myself.
