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Subject:  Dollar Cost Averaging Date:  8/30/1999  6:12 PM
Author:  texasfool2000 Number:  13545 of 78168

My father-in-law recently died and unfortunately his pension stopped at his death. My mother-in-law (age 67) now has only her Social Security check and their savings to live on. My father-in-law was very conservative with his investments and had basically all of their money (about $300,000) in a money market account earning about 5%.

Since she will need income from her investment, and since she is still relatively young, I want to get my mother-in-law into some more agressive investments. My big fear though, is getting her into the stock market just prior to a hu