UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next
Author: billnewport One star, 50 posts Old School Fool Motley Fool One Everlasting Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75800  
Subject: Re: Retirement Invsetment by Proxy Date: 10/9/2010 11:08 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
Trmccoy
I agree with all the replies you have received. Motley Fool is a great place to get educated about investing. I also suggest you look into the American Association of Individual Investors, whose mission is investment education to facilitate beginning investors gaining confidence in managing their own portfolios. The annual membership fees are modest and they have a wealth of info on all aspects of investing.

As others have posted, your first step should be to write down your specific investing goals and decide on a portfolio strategy which fits your risk profile From what you have described it sounds as though you will have two portfolios to assemble. Go slow and be patient. For each stock or fund in the present portfolio ask yourself whether it fits the goals for the portfolio and whether you would buy it today. The temptation will be to rush through this process so you can check it off your to do list. Resist this temptation. Don't make radical changes until you are confident that you understand why each change is beneficial to the portfolio.



Bill
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next

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."
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.
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