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Author: dianne102 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35357  
Subject: Re: Plan For Mom Date: 6/12/2003 2:42 PM
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Hello
I have a suggestion after reading everyone's ideas. No one suggested putting all $100,000 in a savings/money market fund and wait for opportunities to arrise for what you know as good safe investments at close to the best prices.
I sold my condo and invested everything within a short period of time and didn't understand the importance of price. I bought index funds, a small cap value fund and an international fund. They had good morningstar ratings. I bought GE and PFizer as a possiblity to increase the returns.
I am sure you know what happened. In less than two years, I lost 33% of my money. It was a nightmare. For the last 8 months I have tried to learn on my own and opened a small Scottrade account. I have been able to make profits because I learned about buying at a reasonable price and selling at a reasonable profit.
I think you could wait for the impending pullback in the market and do a lot better for your mom.
I'm just a beginner and am only two years younger than your mom.
Dianne
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