The Moneyist advises 66-year-old on investing $100,000 in stock market
Updated
Updated · MarketWatch · May 7
The Moneyist advises 66-year-old on investing $100,000 in stock market
6 articles · Updated · MarketWatch · May 7
The woman already has half her portfolio in the S&P 500, owns her home, has no debt and wants to invest for five to seven years.
The column says timing the market is difficult and suggests weighing risk tolerance, avoiding money needed soon, and considering dollar-cost averaging, total-market funds or balanced income funds.
It notes recent Wall Street records and strong recent S&P 500 returns, but warns bear markets recur and retirees often shift toward tax planning, income needs and capital preservation.