Quote:
Originally Posted by l2ridehd
I know all of you mean well, but how can you offer investment advice with so little information? Granted the question was very open ended. Maybe you know the OP personally so can therefor provide sound guidance. But think about this.
1. If OP is 90 and 100% in dividend stocks, would your advice be to buy more stock?
2. If OP was 55 and had a 45 year old wife and 100% in bonds, would your advice be to buy more bonds or CD's?
3. If OP had pensions and SS that covered 100% of his living cost would your advice be the same?
4. If this money was his grandson's college fund would your advice be the same?
5. If this was his only source of income would your advice be the same?
I hope the answer to all 5 questions is no. I am not smart enough to provide investment advice without knowing a whole lot more information. Hopefully OP is smart enough to seek out professional advice from someone he already has a lot of trust and confidence in.
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Hey L2ridehd !
I took your advise about looking into Vanguard.com and have now dumped my over 2% advisor. I owe you a bottle of expensive wine and will get it to you some day. Still working but enjoy reading Talk of The Villages. Thanks again!
