Thoughts on Investment Advice

April 22nd, 2013

Many people asked me how to invest money or how I invest my winnings. Given the unpredictable nature of investments, I feel giving specific advice is irresponsible. I want to help people but would feel badly if I told someone to invest in something and then it went “south.” Generally speaking though, one thing I do buy for myself is municipal bonds. The income is tax free. Municipals on average pay less than regular corporate bonds but more than a money market. They are pretty safe and conservative. Regardless if you do find yourself with a windfall, I strongly advise obtaining professional financial advice.

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