UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: Kenoops Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75384  
Subject: Postscript Date: 12/16/1999 11:06 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
If a retiree wanted to play it safe, but only had a small amount to invest, what I would suggest in the way of a small portfolio would be a three stock "Giant Squid": one third of your money in SPY (mirrors the S&P Index), one third in QQQ (mirrors the Nasdaq 100 Index) and one third in DIA (mirrors the DJIA). (These are unit investment trusts available on the AMEX.) These three stocks will smooth out the differences between all three Indexes and give you a very well diversified large cap portfolio of both growth and value stocks. (You can use a money market fund to store three or four years of living expenses for riding out bear markets.)
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Berkshire Hathaway

Starting a Small Business
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