Investment strategy Ü65 - Your help
Moin dear #community,
for some time I have been concerned with the investments of my father (65), who will retire next year.
According to his generation, he has without a clear strategy a wild portfolio of #einzelaktien and very expensive #fonds of all kinds heaped together on the recommendation of third parties. We have sold a part of it in the last months, so that now we have #cash in the amount of approx. 100k has become free.💸
Since I am not at all familiar with investment strategies in this age bracket, I wanted to ask for your input.
As a retiree, how would you invest the freed up cash?
My thoughts on different classes are as follows:
- Stocks/#etf: Possibly currently overheated and at his age you have to consider the holding period. But a part could perhaps be put into a distributing ETF or individual #dividendenaktie give (?)
- #anleihen: Don't know much about this, but could be relevant as we sold the expensive blend funds and he no longer has lower risk bonds in the portfolio. With more rate hikes expected, bonds could go down further. Maybe a bond ETF savings plan (?) is worthwhile.
- Time Deposit (6-12 months): The only recommendation I could give him in good conscience
- Other #immobilie: Don't think he wants to go through the stress again in his old age....
PS on his current investment portfolio : With home and two apartments, most of the assets are in real estate. 50-70k are currently invested in individual stocks/stock ETF, the rest is - as mentioned - cash.
Looking forward to your input! <3
