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Dear Catherine,
Currently my friend has 70 percent in Blue Chip stocks , and 20 percent in T-Bills maturity date in November and December of this year. He wants to sell the Tbills before the maturity date and turn to cash even if he gets 1% interest. He presently lives outside of the US but wishes he had access to a bank similar to the one recently featured in one of the articles on your website. The bank is located in Canada. Right now with the rise of Communism in the United States he is talking about moving his money outside the US for fear of the democrat mismanagement of the economy. What would you suggest to my freind?
Thank you respected teacher.
Dawn:
Can not give investment advice – and even if I could would need to know a lot more about your friend to do it responsibly. Don’t know what his bank options are, but bank cds are offering rates that are competitive with sovereign bonds.
Hope that helps,
Catherine
Thank you Catherine.
Does Solari have a list of recommended trusted financial advisors on this website?
I will pass on your suggestion re: bank cds
Thank you
Dawe:
We don’t have a list,
Catherine