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I've been doing my homework watching the Market for some time and investing in Mutual funds while paying down tremendous credit card debt from a divorce years ago. At this time, that $30,000 in credit card debt is behind me now and miraculously I didn't follow foolish advice from friends to claim bankruptcy!

I had a thought, though. I went ahead and sent for a subscription to the MoneypPaper to buy the share or shares of stock so that I could participate in DRIP stocks. What I was thinking of doing is to buy at least 20 stocks that I feel will be companies on their feet and prosperous in the years to come (I'm looking to retire in about 20 1/2 years). What I want to do is park 1 thousand dollars in each stock and place the certificate in my bank's vault. At retirement time, I would have accrued enough income from my 401 K plan (I will be 60 years old at retirement time) to live on, 2 years later, I would be adding early Social Security income, IRAs would start to kick in at age 70 1/2 and these stocks will dwell in the bank until I want to sell shares for whatever reasons including trips and such.

I'm posting this message because when I have mentioned this type of plan, no one has ever told me that it wasn't a great idea. I figured that once I had $20,000 in stock certificates, I would be adding additional monies in 30 year Government bonds so that I would have income rolling in every 6 months guaranteed.

By profession, I'm an Intensive Care Unit Nurse (R.N.) This is a very rewarding but more stressful job. 've maxed out the 401 K Plan pre-tax and buy company stock (10%) of my after-taxed money at a 15% discount which I had been using up to now to help pay down that darn credit card debt. Though I don't believe in investing in one's company with that much money, I've decided to cash it out every 6 months and invest it somewhere else.
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