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Moneyguy1 Moneyguy1 is offline
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Join Date: Sep 2001
Location: Tucson AZ USA
Posts: 8,228
Investing is an individual decision. You are asking a question that no consultant in his or her right mind would answer without first knowing something about you. What is your tolerance for risk? Primary question. Unless I know where you are on the risk scale, I would make no recommendations.
I do not mean this as criticism, because for years this was my stock and trade, a financial advisor. Each individual, ultimately, has to assess what his or her goals are. No one can do the homework for you.

The following is a generality. Most younger adults have a higher tolerance for risk because their timetable is long. Older investors do not wish to gamble as much. Because of this, most investors have a mix of investments. Risk takers would have a higher percentage of small caps and mid cap companies, and some money in bonds and other money type investments. Older folks would be heavier on money market and bonds, but those with a bit of adventure would still hold a minor position in higher risk investments. Some people, regardless of age, prefer to put their money in a mattress, afraid of any type of risk.

So you see, I cannot answer your question without knowing a LOT more about you. Any advisor, whether it be Edward Jones, Schwab, or others will tell you the same.
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Bob S. former owner of a 1984 silver 944
Old 02-11-2004, 08:24 PM
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