Years ago, my husband and I received a lump sum of money that, if we had invested, would be worth a lot of money today. I could probably retire early! But, no. We were young and ridiculously irresponsible. We bought a car. Not a good investment. Cars depreciate.

Did you know that, today, you can purchase a 1 year Certificate of Deposit for around 5% return in one year. So, if you purchase a CD for 50k, your return would be over $200 per month or about $2500 per year. If you had $100k to invest, the roi would be twice that amount. I am sure there are places to invest that kind of money that would get even higher returns. CD’s are low to no risk.

I use an Edward Jones investor who is able to give the best advice on investing and diversifying based on my risk comfort level.

My son-in-law and his mom are attending an event with Kris Krohn (google search his name). He has several investment opportunities that I am exploring and considering. Not sure I want to be that risky at my age.