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pirates88 said: "My father is a real estate investor and he currently sold some property and is looking for a minimum risk investment to put his money in for the time being until his next property investment. He currently has a portion in cd's but with the low interest rate he wants to try something with a better return. Possible a mutual fund or such. Does anyone have any ideas that would suit his needs?
thanks"
Aligator said: "[QUOTE=pirates88;67405]My father is a real estate investor and he currently sold some property and is looking for a minimum risk investment to put his money in for the time being until his next property investment. He currently has a portion in cd's but with the low interest rate he wants to try something with a better return. Possible a mutual fund or such. Does anyone have any ideas that would suit his needs?
thanks[/QUOTE]
That's a tough one without knowing what he can tolerate or what he expects. From what you said CD's are the right thing for him. Better return always means higher risk. Like you said; he's a real estate investor."
Priya Gokhle said: "You may also try for low risk Dividend mutual funds. THey are pritty nice and give regular income also.
-Priya"