by H2wood » Wed Dec 12, 2007 7:37 pm
I am not an expert. I was told 30 30 40%. This is money that you aren't gonna use pretend you never had it.
30% shortly term CDs, 30% in stocks/bonds, 40% in mutual money.
CDs dont tie up your bucks you may be able to access the money inside the terms of the CD.
Stocks go up and down like a yo yo remember: you havent lost anything unless you purchase HIGH and sell low. Let it sit. Bonds are usually stable at the rate you purchase at.
Mutual money out perform stocks in the long run. If someone tells you differently, so be it. They sit at a computer and purchase and sell stocks for people that have thousands of shares in many stocks.
Talk to the person that does your earning tax forms.
Like I said, Im not an expert, but I retired at 48. My house and property and cars are paid off. ¦<, >,