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mnhtnbb

(31,382 posts)
6. I have been investing for myself since my first professional job
Thu May 14, 2020, 10:02 AM
May 2020

out of graduate school. My first husband is a UCLA educated PhdD economist, wrote a book about investing, and has spent his career owning/managing an investment firm. My second husband and I used to watch Wall Street Week with Louis Rukeyser every Friday night until he passed away about 15 years ago. Over the years I subscribed to various newsletters from financial advisors.

I'm now pushing 70 and dependent upon Social Security, survivors benefits from my deceased husband's Federal pension, and interest/dividends generated from my investments. I'm comfortable financially, and in the last two weeks decided to stop renting and buy a small house. I will be able to qualify for a mortgage with my income.

So, you can do it yourself if you have the interest and time to educate yourself. The discount brokerage firm I use, TD Ameritrade, has financial advisers in their local offices, but I think due to the coronavirus those offices are not currently open. I have never used one of their advisers, although I get calls from them occasionally. I prefer to make my own decisions.

With the internet, you can do a lot of research on your own, if you are so inclined.

Good luck!

Latest Discussions»Culture Forums»Personal Finance and Investing»Do I need some sort of fi...»Reply #6