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75 year old blue collar type asked me to invest 60k for him

No idea what to do with it. 75 percent bonds and 25 percent ...
razzle-dazzle irate patrolman
  02/04/23
what's his goal with this money?
low-t cruel-hearted menage feces
  02/04/23
Idk he’s a blue collar dude. He’s never invested...
razzle-dazzle irate patrolman
  02/04/23
the cr is it doesnt fucking matter at that point. can you ge...
dead son of senegal
  02/04/23
80% in fixed income, 10% in ETFs, 5% in individual stocks an...
Frozen school cafeteria marketing idea
  02/04/23
thank you very much for compliment of youre welcome!
dead son of senegal
  02/04/23
hes going to die in a few years
flirting lascivious ceo
  02/04/23
Once you reach 75 in good health I guess your life expectanc...
razzle-dazzle irate patrolman
  02/04/23
You can drop any day
Soul-stirring Mauve Locale Cumskin
  02/04/23
Sure, but statistically speaking
razzle-dazzle irate patrolman
  02/04/23
OUTTED as HLS old dude alt
flirting lascivious ceo
  02/04/23
Unless you had cancer hiding out and bam!
Soggy appetizing trust fund
  02/04/23
100% in dogecoin
Orange adventurous locus national security agency
  02/04/23
some combination of SPY, LQD and maybe JEPI for income, but ...
jet kitchen fanboi
  02/04/23
if someone comes to you asking how to invest 60k hes already...
dead son of senegal
  02/04/23
good point
jet kitchen fanboi
  02/04/23
Really depends on situation, how much he needs to protect pr...
Tan corn cake really tough guy
  02/04/23
no you flat out tell him to his face he has no money.
dead son of senegal
  02/04/23
I have 200K in my account doing nothing. Should I buy CDs?
Greedy Electric Center Halford
  02/04/23
...
Concupiscible volcanic crater voyeur
  02/04/23
yeah the new arcade fire album is legit
flirting lascivious ceo
  02/04/23
is this all he has?
Orange adventurous locus national security agency
  02/04/23
Idk too embarrassed to ask him for the details of his financ...
razzle-dazzle irate patrolman
  02/04/23


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Date: February 4th, 2023 5:35 PM
Author: razzle-dazzle irate patrolman

No idea what to do with it. 75 percent bonds and 25 percent a dividend heavy index fund or something?

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887562)



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Date: February 4th, 2023 5:35 PM
Author: low-t cruel-hearted menage feces

what's his goal with this money?

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887565)



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Date: February 4th, 2023 5:44 PM
Author: razzle-dazzle irate patrolman

Idk he’s a blue collar dude. He’s never invested in his life before. He just doesn’t want it sitting in his savings account doing nothing.

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887593)



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Date: February 4th, 2023 5:40 PM
Author: dead son of senegal

the cr is it doesnt fucking matter at that point. can you get real cocaine or do you have to do stocks?

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887585)



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Date: February 4th, 2023 5:41 PM
Author: Frozen school cafeteria marketing idea

80% in fixed income, 10% in ETFs, 5% in individual stocks and 5% in option contracts. yw

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887589)



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Date: February 4th, 2023 5:47 PM
Author: dead son of senegal

thank you very much for compliment of youre welcome!

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887600)



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Date: February 4th, 2023 5:43 PM
Author: flirting lascivious ceo

hes going to die in a few years

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887592)



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Date: February 4th, 2023 5:45 PM
Author: razzle-dazzle irate patrolman

Once you reach 75 in good health I guess your life expectancy has to be 90 plus right?

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887594)



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Date: February 4th, 2023 6:00 PM
Author: Soul-stirring Mauve Locale Cumskin

You can drop any day

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887630)



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Date: February 4th, 2023 6:47 PM
Author: razzle-dazzle irate patrolman

Sure, but statistically speaking

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887812)



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Date: February 4th, 2023 6:01 PM
Author: flirting lascivious ceo

OUTTED as HLS old dude alt

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887636)



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Date: February 4th, 2023 9:49 PM
Author: Soggy appetizing trust fund

Unless you had cancer hiding out and bam!

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45888387)



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Date: February 4th, 2023 5:45 PM
Author: Orange adventurous locus national security agency

100% in dogecoin

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887595)



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Date: February 4th, 2023 5:54 PM
Author: jet kitchen fanboi

some combination of SPY, LQD and maybe JEPI for income, but this is basically impossible to answer without knowing more. first question - is he counting on spending this money soon (less than 5 years)? if so, i would have a very low allocation to SPY or equities in general.

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887619)



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Date: February 4th, 2023 5:58 PM
Author: dead son of senegal

if someone comes to you asking how to invest 60k hes already dead.

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887625)



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Date: February 4th, 2023 9:48 PM
Author: jet kitchen fanboi

good point

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45888381)



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Date: February 4th, 2023 6:01 PM
Author: Tan corn cake really tough guy

Really depends on situation, how much he needs to protect principle, whether he wants to generate income and how much, etc.

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887633)



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Date: February 4th, 2023 6:02 PM
Author: dead son of senegal

no you flat out tell him to his face he has no money.

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887638)



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Date: February 4th, 2023 6:11 PM
Author: Greedy Electric Center Halford

I have 200K in my account doing nothing. Should I buy CDs?

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887670)



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Date: February 4th, 2023 6:13 PM
Author: Concupiscible volcanic crater voyeur



(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887675)



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Date: February 4th, 2023 6:13 PM
Author: flirting lascivious ceo

yeah the new arcade fire album is legit

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887677)



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Date: February 4th, 2023 7:09 PM
Author: Orange adventurous locus national security agency

is this all he has?

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887866)



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Date: February 4th, 2023 7:13 PM
Author: razzle-dazzle irate patrolman

Idk too embarrassed to ask him for the details of his finances. But I assume he may actually need this money in the near future

(http://www.autoadmit.com/thread.php?thread_id=5284264&forum_id=2#45887882)