Impossible Dreams

Written By Don McDonald

Don is on vacation and Tom discusses our number one question: I just came into money, so how should I invest it? Of course, everyone wants high returns with no risk. Investors went from buying hot stocks from fear of missing out (FOMO) to fear of holding on (FOHO), ignoring the fact that stocks are now on sale.

Listeners ask Tom:

  • What should be done with some old American funds in the current market?

  • Should an RMD strategy change based on market conditions?

  • Does it makes sense to more aggressively invest assets destined for inheritance?

  • How can an inherited IRA be moved to a new custodian?

 

 

Don McDonald
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