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Greetings, Normlin, and welcome. You wrote:

<<I have an existing deferred comp plan that I am allowed to control exclusively. Retirement in about 10 years, company (non-profit) so no cap gains until I cash out at lower, (I imagine) tax rate. 10 % annual contribution investing monthly, my choice.SO, I am taking the plunge of going with an online discount broker in stocks, no bonds. I'm certain there are a many Foolish as foolish suggestions out there with 70k
now in my hands to "smartly" invest. I am a risk taker and want to see the money quadruple in 10 years. All right, let's here the suggestions...>>

To quadruple your money in 10 years you will need to obtain an annual average return of 14.87%. That's certainly a possibility for someone who's willing to take a risk. For some approaches in doing so, just visit the Fools School and Workshop areas of Fooldom to see what others are doing.

You're in a deferred compensation plan. For a description of that, see my Foolish Retirement Plan Primer at . When you retire, you must take a distribution of the money in that plan, and it will be taxed at ordinary income tax rates when you do. It cannot be transferred to an IRA, and you cannot recognize or use a lower capital gains rate on your earnings. Thus, your tax rate will be based on the income tax tables in effect at that time.


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