UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: Travelmercy One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35400  
Subject: Re: Advice to SIL Date: 11/5/2006 11:44 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
Dear Lokicious,

Thanks for your reply. I have read a bit on the different theories e.g. "Random Walk down Wall Street" and others. I think I do understand the premises, etc. For me it all comes down to the fact that no one can predict the future and all the "hard" data we have is the past (i guess about 100 yrs now). Anything can happen. I am just trying to steward wisely the resources I have now and I am willing to take on a bit of risk - no guts, no glory. I do have 25 yrs to retirement ... but I don't want to be foolish either.

Now back to the 5.25% FNMA bond- it is ~ $39,000 right now. It is in a non-retirement account (as it was a gift).

My quandary for this money is that I don't need it right now - it is inheritance money that my husband and I want to hang on to for the future. The account looks approx like this:
46% bonds (FNMA, Freddie, bond fund)
47% stocks
7 % cash

For my age I feel the 46% bonds is too much and as I said earlier I think I can do better than 5.25%. My stocks are mostly dividend companies, a couple small caps and index funds (I love Vanguard index funds.) I started my holdings in 1989 and have an avg annual return of 8%. I guess I feel that if I continue to learn and grow and be diligent, I can improve on that 8%.

Since I am a stock advisor member I wanted to "hear" some other ideas besides TMF stuff. That is why I have been reading this board for the past couple of days. I have had these bonds for awhile and didn't take time to find out about them - it is hard to spit at steady income each month.

I have enjoyed this board and will continue to hang around. There is a lot of good stuff here.

Marjorie
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

The Story Behind the Story
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement