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. If you don't, he'll break your legs! Hahaha! Seriously though.
Our rules have been updated and given their own forum
. Go and look at them! They are nice, and there may be new ones that you didn't know about! Hooray for rules! Hooray for The System! Hooray for Conforming!
Managing A Bunch Of Money
So I'm out of my comfort zone at the moment. I've always saved money into my 401k, and thrown some money into basic mutual funds to save money. However back in February my father passed away and left me several IRAs totaling a fair amount of money (around 150k). Up until now I've been focusing on getting all the paperwork done to get everything in my name and under the same umbrella. It's now all settled, and sitting at TDAmeritrade in money market.
Basically I want to educate myself on the financial world and all potential investing options, such that I eventually feel confident managing this money. Right now the guy I met with has a basic spread of investments they recommend based on whatever category of risk you're comfortable with, and for the time at least I'll probably leave it in that, as it's fairly conservative and I'm not going to be able to screw it up too much.
It's kind of ironic that it took me coming into a lot of money to care about financial stuff when it was probably more beneficial to look at this stuff when I was broke. In either case it seems to be a great idea to pick this skillset up, so I'm wondering what tips and methods any of the financial savvy PA'ers may have for learning and becoming competent in this realm. Thanks!