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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (14533)	3/1/1998 6:04:00 PM
From: Mike McFarland	Read Replies (3) \| Respond to of 18056

>The younger a person is, the greater percentage he should invest into stocks< Yes, that is certainly the common wisdom given. But it is interesting to note that this is exactly the opposite of what occurs in many cases. Folks just retired throw it all into stocks, realizing they have not saved enough, while some young people like myself mainly save, knowing that thirty years of savings will likely be enough on which to retire. Probably something in between is the best course of action--and I've adjusted more toward owning equities, and now have a whopping twenty percent "in the market". Jack, just saw your post. If it is our memories which make us, than my investment strategy much have been shaped by October 1987, the first time I paid any attention to the stock market ;-)