too conservative? any suggestions?

[Nords]

I would think you guys would be advising him to start dollar cost averaging a nice chunk of that cash into about 5 different index funds and keeping some in the cash and or bonds ?

Giving a man a fish-- Telling uninformed investors what to do generally assures that they're out the door as soon as the market drops a couple hundred points...

Teaching a man to fish-- I think we should be advising him to educate himself, figure out his own tolerance for volatility risk, and choose his own asset allocation. Then we'd be ready to discuss how he arrived at his decision or even suggest funds.

 

[mathjak107]

give a man a fish and you feed him a meal

beat a man with a fish and he leaves you alone!



very good advice nords and good point...someone really needs to understand the markets themselves so they can understand the drops are part of the cycle