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Author: RGILE Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: Disney Date: 4/27/1998 2:35 PM
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I just opened a roth IRA for $2000.00 and was thinking of buying disney stock with it.Is this a good idea, a bad idea.
I also plan on putting another $40,0000 in the stock market over the next couple of months.I took your advice and have bought some of the books you suggested.I'm now working thru the motley fool work book and feel that $25,000 in the Vanguard index fund and $5000 in the Foolish Four would be agood place to start.That would Leave me $10,000 to try something else.
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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 3076 of 75383
Subject: Re: Disney Date: 4/27/1998 3:07 PM
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Greetings, RGILE, and welcome.

<<I just opened a roth IRA for $2000.00 and was thinking of buying disney stock with it.Is this a good idea, a bad idea.
I also plan on putting another $40,0000 in the stock market over the next couple of months.I took your advice and have bought some of the books you suggested.I'm now working thru the motley fool work book and feel that $25,000 in the Vanguard index fund and $5000 in the Foolish Four would be agood place to start.That would Leave me $10,000 to try something else.>>

If you have researched Disney and are satisfied it meets your selection criteria, then it's a good choice for you. We believe everyone should make their investment decisions based on their own analyses. Disney is a fine company, so if you're satisfied, then it's a good idea. If you're concerned, you might try posting a question or two in the Disney folder where it's specifically discussed.

Putting the bulk of your money in the index fund until you do further reading and gain some additional knowledge is a reasonable course of action. Keep on reading and keep on exploring. As you gain more investment education and confidence, your decisions will become much easier. We'll help on those issues you find confusing, but rarely will we offer specific recommendations or advice. The decisions we leave to you.

Regards...Pixy

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