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Greetings, G, and welcome to Fooldom.

<<I am about to receive a pension disbursement between 40k-60k. As I'm only 39, I've got plenty of time to grow it into a nice egg for my retirement years. Any advice would be accepted. I printed out the 13 steps and am copiously studying them. Right now, I'm set up to leave it in the fund it has been in for the past several years. It's been generating close to 30%.>>

I assume from that you're new to investing, and new to the Motley Fool as well. That's great on both counts! You'll get little advice here, but you will find many tools to make you a knowledgeable investor, and a whole host of folks who will be more than glad to offer you an opinion or two along the way. As you feel your way around our forum, there's nothing the matter with letting your money ride where it is until you're comfortable in doing something else with it.

You have wandered into a forum that believes you, as an individual, can do far better for yourself than most professional money managers. Provided, that is, you take some time to learn a few basic investment concepts and do some self-examination to see where you fit on the risk tolerance scale. Therefore, take some time now -- not later -- to be sure about what you want to do. You've already started by obtaining a copy of the 13 Steps to Investing Foolishly. They will suggest some important things you should consider. I suggest you also toddle over to your local library, discount bookstore, or even here in the FoolMart, and pick up some easily read, easily understood, inexpensive texts that will thoroughly explain how to invest in stocks using some simple systems that will take but an hour per year of your time (if you're slow) yet produce returns that put the majority of professional money managers to shame. I commend the following to you: "Beating the Dow" by O'Higgins; "The Dividend Investor" by Petty and Knowles; "The Motley Fool Investment Guide" by the Gardner brothers; "One Up on Wall Street" by Lynch; and "What Works on Wall Street" by O'Shaughnessey. All are well worth their low cost and the small investment in time it takes to read them. Get them and read them. You'll be glad you did.

While you're doing all that, also take some time to explore the various nooks and crannies of Fooldom to see what others are doing and what they're discussing. In the process, you'll gain a wealth of knowledge and information that will serve to claify how you want to approach this very personal issue. Don't be afraid to ask a question anywhere in Fooldom. Folks around here are great about answering questions and clearing up misunderstandings.

Again, welcome aboard! Have fun, enjoy, and prosper.


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