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If you think your in a risky situation, read on. I am 55 years old and retiring from The Boeing Company. One of the stocks in my portfolio is AOL. Less than a year ago I took around $54,000 out of MSFT stock and put it all in AOL. At one point it had grown to close to $300,000 but has now dropped back to a little over $200,000 (from a hi of $175 a share to about $117 last time I looked). So what to do?

Here's the point. If you believe the country is going to be here tomorrow or 5 or 50 years from now then stock mutual funds are the place to be. Admittedly I am a bit of a 'gunslinger' at my age but if I were you I would divide my resources between an S&P index fund, the Rydex OTC fund and if must have have and income fund the Vanguard GNMA fund is a good choice (currently paying around 6%). I would do it in the following proportions of 50%, 40% and 10%.

Enjoy retirement. I intend to.

don in seattle
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