My grandfather is in his late 60s, still working, and he's a preacher. He came to the U.S. from a country where even saving money wasn't really possible, but after working so hard here, he's finally been able to save up some money. Now he wants to start investing so he'll be in a better position when he retires.
The problem is... he wants **me** to help him.
I'm m27, and I barely invest myself. I'm not kidding when I say **I only have about $80 invested in stocks.** I know very little about investing, so I don't feel qualified to help someone with their retirement savings.
I told him it would probably be better to work with a financial advisor since this is literally their job, but he just said "I trust you."
Now I'm feeling a lot of pressure because I don't want to let him down i think he has just a couple 5-10k saved up
I'm just looking for some honest advice from people who have been in a similar situation or know more about investing than I do.
Any advice is greatly appreciated. TIA!