UnThreaded | Threaded | Whole Thread (22) | Ignore Thread Prev | Next
Author: DrTarr Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74759  
Subject: Re: Should I? Date: 11/12/2005 4:29 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Yes, see the country - maybe not necessarily a Jag - I like the new XLR.

At 60 years old even with a good pension and SS do you really want to risk a QUARTER OF A MILLION DOLLARS on "past performance" of a model portfolio.

Yes, companies-funds will change the portfolio based on client risk tolerance and at 60 your tolerance is probably low. (not bad, just where you are at and the generation you are from.)

Do some research here on Fool, determine what your portfolio - asset allocation should be for your risk tolerance and cash requirements. Then see if you can reach your retirement goals with a fair investment plan. Of course they are all based on past performance so don't let that discourage you to much, unless the claims see to good!

If you can reach you goals, great, why worry?

If you can reach your goals with out a small portion of the inheritance and you just have to have the thrill of investing (gambling) with this company (and you have an excellent relationship with the other relative) ask if you can put a small amount, say $25K, in with thier funds.

When you are out in the new car, stop by Utah and say hi!



Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (22) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
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:
Tax Strategies

TMFPMarti-Feeling Good
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