Do you have a financial question you'd like one of our Financial Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode! In the past few week's the markets of dropped over 20% and Unemployment is on the rise.  Today's Ask The Money Nerd question comes from a concerned investor who isn't sure if she trusts the market's, but is worried about the tax implications of pulling out from a portfolio that she inherited.  Listen in as we walk through our thoughts on her situation! Time Stamps: 1:20 – I inherited a $300k portfolio that is currently invested in the stock market and I don’t understand it or trust it as a retiree living in Southern California, I’m afraid to pull out the money due to the tax implications that it may have over just leaving it in the market. 4:16 – Visit https://wealthfactory.com/private to get in touch with a wealth strategist

4:30 – What is a step up in basis

5:20 – What is investing?

6:00 – How institutions perform risk management

7:00 – How funds make money with minimal risk

8:10 – What you should be focusing on if you are unsure about an investment