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Published October 20, 2013, 06:14 PM

Money Talk: How to handle windfall depends on goals

Q: Recently my mother passed away. My brother and I were fortunate enough to inherit a substantial amount of money from her life insurance. My brother and I do not want to spend this money and have placed the funds in brokerage accounts. My question is this: Because of the often-volatile market, is there a better way to invest this money? Should we take this money out of the market and save some of it in a bank?

By: Liz Weston, INFORUM

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