martymicro,Responding to your ramblings...your 403b is a good thing I think. When I started out at The Hospital in 1978, my MLPFS acct exec said to maximize contributions, and that's what I did. Otherwise I didn't pay much attention to the funds that Valic had to offer. After 20 years there was a significant amount accumulated, though I could have done better by investing it more aggressively. I didn't know beans and didn't know that I didn't know beans, or that knowledge of beans was REALLY important.If you can roll the PERS fund over into an individual IRA account, you may want to give that some consideration. I did this to my 403b funds after firing The Hospital for ethics violations. I have the IRA divided 80% AAA-rated insured corporate bonds (not bond funds) and 20% stocks that I've picked with the help of some folks who do know beans. Look at the expense ratios and performance issues involved. I did 15 years in clinical micro, the last five in virology. We could probably swap war stories for hours. Was the "axe" that fell due to managed care pressures on the corporate bottom line? I saw that happening, and when management consistently made decisions based on cost considerations that compromised patient care, I did a "Cartman Exit." That and the deadly combination of incompetence and dishonesty helped me realize that I didn't want to be up against the wall with management when everything caught up with them.Back on topic...investing on a whim can be very educational, and it can be profitable if you're lucky. I think TMF could have helped me years ago when I had more lifetime remaining. I bought my computer 13 months ago and now realize how I've missed out on a lot by connecting to this community later rather than sooner. Now I'm left to fuss around with my IRA rollover and hope that I don't screw it up too much. Start when you can with what you have and carry on, I suppose.I don't get around much on the boards, but I think you might do well to visit the BRK.A board. Check out "101 Reasons to own Berkshire Hathaway", not to necessarily be persuaded to invest, but to read an interesting and educational work that may help you keep all the rest of this investing stuff in perspective.Enough for now. And remember, as others will warn you, this advice is worth just what you paid for it.Regards,gregmoehl
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