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Subject:  Re: Dividend Investing for Retirement Date:  1/9/2011  11:56 AM
Author:  Rayvt Number:  68176 of 99379

Any other suggestions if you don't feel that would be the best way to invest? ...
I've had some success in the market in the last couple of years...
I consider myself an amateur investor. I've been in and out of the market for about 3 years...

Here's my thoughts & suggestion:
You have NO BUSINESS doing what you are wanting to do with your mom's money.
You are vastly over-estimating your investment skills, and all your experience is within a very short period of time.
Plus you have ZERO experience in the area (dividend stocks) where you plan to invest her money.

(P&G) stock price didn't budge all that much
PG was at 72 in Sept 2008, and 45 in March 2009, and has since worked its way up to 65. In what world does this constitute "hardly budged"?

The truth of the matter is that if she has only $25,000 at age 58, she is up a creek without a paddle.

And if you manage to lose $5,000 to $10,000--which is quite possible--how is she going to feel about that, and how is she going to feel about you?

Best thing you can do is help her select a good mutual fund from Vanguard or Fidelity and then step out of the picture.
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