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Frequently Asked Questions:

 

Where do you think should I invest my money? A. Do your own due diligence. If you can't figure out how to do it on your own then hire a fiduciary fee-only adviser on a 1-time or 1-task basis. Also join a forum such as Forum.MrMoneyMustache.com where people are eager to help. Just beware that you may get a wide range of responses, including biased responses from brokers, insurance agents and other sock puppets who may be roaming the forums. Some insurance salesmen have attempted to muddy the waters in forums. Some insurance forums are run by and used primarily by none other than insurance agents who will never say a bad word about annuities nor other insurance company products that they sell like universal life, whole life, and variable life. You definitely don't want to go there for answers! You might also set up an account with Vanguard, which offers "light advice" services at a reasonable fee of 0.3% per year. Or use a so-called RoboAdvisor, many of which are free.

 

 

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