UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: rjm1 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76395  
Subject: Re: Advice Wanted 70 and Retired Date: 5/14/2000 8:07 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I am a retired Engineer 70yr old and have a very
good retirement. I have 7k cash and 35k in Mutual Funds that I would like to invest in the Market.
My retirement allows me to be a bit risky or foolish.
I have been trying to decide which way to go tech stocks, foolish four,Rule Breaker,or a combination.
Being an engineer I lean toward the tech stocks or the cutting edge of the biostocks. Could I buy stock in the technical market and still diversify? Thanks for your
help.


You can not be diversified if you are all in Techs.
The suggestion to buy QQQ's is good. Add SPY (Standard & Poors 500) and you will be a little more diversified.

Be sure you have an emergency fund before you buy.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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 "#1 Media Company to Work For" (BusinessInsider 2011)! 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