My brothers and I were recently at a meeting to help my mother manage some of her finances. She sold her house and needed to put her money into something low risk. As with most people of her age and even a couple decades younger, she has a high aversion for risk. She was on the right track, of course. At her age, she should go low-risk, as any financial advisor will tell you. The problem is that low risk also means low rewards, which is a risk…
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