#demented

Help with 70 y/o demented fathers investments to maximize income and limit volatility

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Help with 70 y/o demented fathers investments to maximize income and limit volatility Hi there – my dad age 70 is severely demented, mom deceased. Early this year I got access to all his accounts and he had $100k in a brokerage which was basically a day trader account and most positions were sitting in loss positions once I gained access. I sold it off and parked it in tbil to mitigate risk and get some interest which basically …

Reddit Personal Finance 1.3k 2024-11-04