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Had to post again to ask a serious question
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<blockquote data-quote="susiestar" data-source="post: 717558" data-attributes="member: 1233"><p>I am so very sorry for the loss of your father. I am even sorrier for your husband's heart troubles. (((((HUGS)))))</p><p></p><p>My parents also use Edward Jones for their finances. As a family we are heavily invested in P&G because my grandfather and many other relatives worked for the company. The stock has done very well for us for generations. I have an aunt and uncle who are very well off who use Merrill Lynch for their finances. I know they invested in Pepsi and in McDonalds. These are stocks that really never go down in value because people never stop buying their products. Not even during the recessions do they lose much, or so I have been told by my uncle. </p><p></p><p>Many years ago there was a husband and wife crime solving team in a series of stories by Mary Higgins Clark. They won a lottery and rather than invest, they spread the money between a bunch of banks. Each bank only got the amount that the government would insure, so it was a LOT of banks. I still think that was a fairly clever scheme if you want no risk. You don't get any real return though.</p><p></p><p>You are going to need an advisor and I think any of the big firms should be able to help. I would stay away from independent firms. Go for low risk investments and if you do choose stocks, look at what your family uses each day and go with those companies.</p></blockquote><p></p>
[QUOTE="susiestar, post: 717558, member: 1233"] I am so very sorry for the loss of your father. I am even sorrier for your husband's heart troubles. (((((HUGS))))) My parents also use Edward Jones for their finances. As a family we are heavily invested in P&G because my grandfather and many other relatives worked for the company. The stock has done very well for us for generations. I have an aunt and uncle who are very well off who use Merrill Lynch for their finances. I know they invested in Pepsi and in McDonalds. These are stocks that really never go down in value because people never stop buying their products. Not even during the recessions do they lose much, or so I have been told by my uncle. Many years ago there was a husband and wife crime solving team in a series of stories by Mary Higgins Clark. They won a lottery and rather than invest, they spread the money between a bunch of banks. Each bank only got the amount that the government would insure, so it was a LOT of banks. I still think that was a fairly clever scheme if you want no risk. You don't get any real return though. You are going to need an advisor and I think any of the big firms should be able to help. I would stay away from independent firms. Go for low risk investments and if you do choose stocks, look at what your family uses each day and go with those companies. [/QUOTE]
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