No. of Recommendations: 0
I agree and disagree with this post. I agree that she's up a creek without a paddle. I disagree that I should step out of the picture.

My mom came to me, knowing that I've been having success with stocks. She's going to continue to struggle unless she chooses another form to invest at lease some of her money instead of a savings account or CD's.

If I set her up with a mutual fund, I already have helped her. With the ideas from this post, I'll be able to make an informed decision to help my mom with retirement.

I know that every single person should have some of their money in the stock market at any point of time in their life. My mom has zero, which is unacceptable.

Also PG dropped so much, like every other stock because of the recession.
Print the post  

Announcements

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.
Advertisement