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Reply to "Invest Mom’s Money in Real Estate "
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[quote=Anonymous]Given that the money could be needed fairly soon, I would not put it in the stock market. The stock market could fall by 30 percent tomorrow… Nor would I invest in real estate. Do you know anything about real estate investing? Have specific skills as a landlord? What happens if you need the money in a few months’ time? Bad idea. Put the money in a high yield savings account like Ally, or a money market account in a brokerage, or in a cd at a bank. Something safe that gets you 4 or 5 percent is better than something risky.[/quote]
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