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iShares FTSE NAREIT Mort Plus Cp Idx Message Board

  • mytek3806 mytek3806 Apr 19, 2013 12:46 AM Flag

    DO YOU THINK THIS IS SAFE FOR MY GRANDMOTHER?

     

    My grandmother is looking for more income than the1% she is getting on her 1 year CD. She has $500,000 coming due, and asked me to find her a better investment. I trade high beta stocks everyday like NFLX,CRM,LNKD,PCLN,GOOG, and don't know much about these income investments. I will be inheriting all this money when my dear Grandma passes, so if she lasts another 6-7 years, this should be worth about $1 million, considering of course that the NAV stays about the same, reinvesting the dividends. I'm asking you experts about the safety of this instrument, before I do some more homework. Thank you for your honest opinions, and let me know of the potential risk factors.

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