flpanhandle
Recycles dryer sheets
- Joined
- Apr 13, 2007
- Messages
- 53
I'm a 51 year old small business owner of 12 years. I currently have approx. $250,000 in my IRA with 65% in cash@4.85% from stock sale proceeds and 35% in a strong co. stock paying historically strong dividends that I spent 16 years in their employment so I'm comfortable with that.I've been waiting on the market correction to buy back in, but it hasn't happened yet!
My question,which I know has 1000's of variables, is how would you invest this for maximum return over the next 5 years, while limiting risk?I know that's an oxymoron! I can't afford to be too agressive as I don't have a pension and due to business conditions, I'll probably not be able to contribute to this in the near future. I have no debt.
So, I'm hoping to get some opinions from the vast knowledge that I enjoy reading on this site everyday.
Thanks
My question,which I know has 1000's of variables, is how would you invest this for maximum return over the next 5 years, while limiting risk?I know that's an oxymoron! I can't afford to be too agressive as I don't have a pension and due to business conditions, I'll probably not be able to contribute to this in the near future. I have no debt.
So, I'm hoping to get some opinions from the vast knowledge that I enjoy reading on this site everyday.
Thanks