No. of Recommendations: 0
This may be a little lengthy and winded, but here goes...
I retire in 15 years from my goverment job @ the ripe old age of 43. At that time I start to collect a pension equal to 40% of my last three years salary Averaged out(An insidious way of Dollar cost averaging). For this mandatory retirement my employer deducts %6 from my check every 2 weeks. I also have a 457 plan I contribute, on average, 4.5% too every 2 weeks in mutual funds-no stocks allowed.(Currently in Dreyfus S&P 500 and Cash.80-20). This theoretically puts me over the magic %10 mark all the experts say you need to save for retirement. And, even though my 457 is tax-deferred, I would like a little"play money" in individual stocks. I have 2 holdings, RGBK and GCI, and both are DRIPS. I am no newborn to the investment world, just looking for what other Fools think. Am I crazy to want to put more money in stocks , or should i just let my mutuals do all the work? I personally have never liked other people playing with my money. Soryy for long post. Comments, other fools?
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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 Glassdoor #1 Company to Work For 2015! 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.