I’m 80 years old and have an annuity coming to maturity next week and do not know what to do with it. I earn enough with SS to live off of but would like to earn more $ off that annuity which is roughly $90k. My kids want me to buy like VOO or JEPQ for its dividend. Or am I better off just finding a hysa if those still exist.
All suggestions welcomed.
Hi I’m so embarrassed and sorry to be a bother and ask for help here. I am 44 years old, I have been a stay at home mom for 8 years and finally opened my own business that cares for adults with developmental disabilities!
I just opened a traditional IRA with fidelity on 4/15 for my 2025 contribution. I put in $7,000. I feel so lost and nervous and don’t know which stocks or ETFs to buy other than VOO. A friend recommended Google but that’s it.
I get confused on whether I should purchase under market or limit in the fidelity trade interface.
If you were me, would you just buy VOO & Google? If not, which stocks/ ETFs, mutual funds would you get? I feel so dumb everytime I see all the savvy people here talking about their investments. Any two cents will be greatly appreciated. Willing to pay for classes if anyone offers any.
I also opened a Robinhood account 7 months ago and haven’t made any money, which makes me believe I’m doing something wrong. Should I move my money from Robinhood to Fidelity?