This is the scenerio:My parents: 56 yrs old, good healthCurrent Holdings:1) Just over $300,000 in assorted stocks and mutual funds; current holdings including aggressive mutual funds (OPPAX, 28% of portfolio, MIGFX, 15%, and MCOFX, 14%)2) Will receive payments on the recent sale (owner finance) of rental property for the next 10 years (this income is what they will be living on during the next 10 years) This money will be paying off their home over the next 5 years.3) $1000/mo pensionThey don't plan on needing any of the money currently in stocks for at least 5 years, probably more like 10 years.Questions:1) Everything I have read here warns that you should not have any money you will need in the next 5 yrs in stocks. As they should not need this money for at least 5 yrs, should they leave it as it stands or cash in a portion (what percentage?) and put it in more secure places? 2) Whether they move the money around now or in 5 years, where are the best places (for security and growth) other than the volitile market?Dad likes the growth they have experienced over the last 25 yrs and wants to keep growing the money. However, I am concerned about the approaching 5 year window the Fool warns about and have suggested moving it to safer places. I apologize if some of these questions are answered here. I did a quick search and did not find what I needed to be able to back up the suggestions that maybe this isn't the best place for them to be.Thank you for any options you can suggest.
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