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.
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