If you receive an inheritance, what is the best way to invest it to pay off debt or put into savings? Follow a six-step plan for updating your portfolio to make the best use of an inheritance.
When deciding on specific investments, is academic research helpful?
According to Dana Anspach, CFP, of Money Over 55, the answer is no. This is because often academics focus on a niche topic, whereas financial planners can see the complete picture.
At the end of the show, there's a link to an article about why your investments must be different from those of your parents.
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