|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Investing/Strategies / Retirement Investing |
||
|
URL:
http://boards.fool.com/the-usefulness-of-my-advice-depends-on-the-size-of-11524815.aspx
|
||
| Subject: Re: Retiree Seeks Foolish Investment Info | Date: 11/15/1999 2:07 PM | |
| Author: brogers774 | Number: 15387 of 72282 | |
|
The usefulness of my advice depends on the size of your mother's portfolio. If she has say, 10 year's spending needs, I recommend that she keep about three years requirement in a money market fund, and replinish it every two years depending on the level of the market. If the market is in a tailspin, she should wait for a recovery even if it takes a full year. As for allocation of her investments, I strongly recommend all stocks or an index fund. Bonds are historically poorer performers than stocks. Adhering to a set formula may make one feel that they are taking a scientific approach to investing, but in my opinion, all you need are common stocks (or an index fund) and cash in a money market. I live by my own advice. I have been retired for three years. Best wishes, Bill Rogers |
||
| Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||