I am writing on behalf of my mother who is 68 and, now that my father has died, has roughly $500,000. She currently has all that money in CDs, earning about 6%, and she insists that she only feels comfortable in FDIC insured investments. She won't even consider bonds. Can you tell me what the official Foolish theory is on in-retirement investments? (What percentage in what types of investments?) Also, any ideas for how I might convince my remembers-the-crash mother to act beyond her fears? I need some authoritative data to support my advice. Thanks.-she won't listen to me
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