Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: TMFExRO Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19262  
Subject: Re: investment strategy in retirement Date: 3/21/2000 8:37 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
<< 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? >>

I don't know if there is an "official" theory about ANYTHING at TMF, but this Fool's theory says your number one concern should be absence of worry about your investments. If she's happy and not in danger of draining her principal, leave her alone.

This also falls into the "be careful what you wish for" category. I harrangued my father for years about this very issue. He finally gave in, but in exchange got obsessed with the market. Now we get to talk about the daily ups and downs of the market on a daily basis, nonstop CNBC, etc. I'd rather watch paint dry.

TMF ExRO
Phil Marti
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
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:
Value Hounds

Back to the Future Buffalo Wild Wings
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