UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: brucedoe Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76082  
Subject: Re: What To Do? Date: 11/15/1999 10:23 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I think that everyone should have some mutual fund that tracks the S&P500. The best one is the Vanguard 500 Trust: telephone 1(800)662-7447 (minimum investment is $3000 in a non-IRA account). Beyond that, I think you need to consider such things as your age, what other assets you have, how much stress can you stand if the markets go down, etc. I personally like medical stocks because of the aging baby boomers and tell my friends, if in doubt buy Pfizer (NYSE, symbol PFE) which also is down considerably from its high. It has appreciated exceedingly well over the years and pays a small dividend that it raises nicely every year (for 32 years in a row!). Vanguard also has a very nice Health Care Fund. With $100,000, you maybe could afford to put a bit into the NASDAQ 100 Trust (ASE, symbol QQQ), but it has risen 46% this year and is at its top right now. I would wait for a downturn. Also you might consider the Foolish Four since you are aware of fool.com.

Good luck,

brucedoe
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
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 "#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