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hello all. I am new to this board and just wanted to get a little insight on retirement plans. My father is 50 years of age and has been scared to invest in the market since black monday in 1987. He lost $30,000 to margin calls. Recently he has trusted me with his nest egg since I have been doing okay in the market. He has about $50,000 cash and would like to invest this money long-term (12-15yrs) for his retirement. My question is, what suggestions do you guys out there have for him to do. Should he buy a solid tech fund and hold, solid stocks (csco, orcl, etc), something riskier. Any insight would be appreciated.
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