I'm just curious if you hold a portion say 10%-30% of your retirement accounts in higher risk investments to help during these decent bumps up in the market or do most of you do a combination of dividend payers and bonds?
I ask because I think that my mother-in-law should invest some (about 1/3) of her total retirement assets in growth types of investments as opposed to the money market account earning 0.12%, and a 9 month CD that's currently earning 0.3%. Only because I kind of have a fear that her money isn't coming close to keeping pace with inflation and thus she's having to tap it more and more for ongoing medical expenses. She is however 84 years old, so keep that in mind. She's also "petrified" investing in the market in any way, even though I've tried suggesting 1/3 - 1/2 in a dividend stocsk like VZ, CBRL, and PG.
Any thoughts and considerations are appreciated.
I ask because I think that my mother-in-law should invest some (about 1/3) of her total retirement assets in growth types of investments as opposed to the money market account earning 0.12%, and a 9 month CD that's currently earning 0.3%. Only because I kind of have a fear that her money isn't coming close to keeping pace with inflation and thus she's having to tap it more and more for ongoing medical expenses. She is however 84 years old, so keep that in mind. She's also "petrified" investing in the market in any way, even though I've tried suggesting 1/3 - 1/2 in a dividend stocsk like VZ, CBRL, and PG.
Any thoughts and considerations are appreciated.