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<blockquote data-quote="Frankie" data-source="post: 392986" data-attributes="member: 13"><p>Where you put your money should be partly determined by your age. We used to have most of our savings in the stock market, but moved most of our IRA money out in spring of 2000. Now that's in bank CDs, FDIC insured. </p><p></p><p>I'm a great believer in our stock market. Over time, I think you'll make more money investing there than anywhere else, if you can ride out the downturns. We've been in mutual funds for probably 35 years and are much better financally for it than if we had just stuck to CDs or bank savings. But don't invest anything you can't do without.</p></blockquote><p></p>
[QUOTE="Frankie, post: 392986, member: 13"] Where you put your money should be partly determined by your age. We used to have most of our savings in the stock market, but moved most of our IRA money out in spring of 2000. Now that's in bank CDs, FDIC insured. I'm a great believer in our stock market. Over time, I think you'll make more money investing there than anywhere else, if you can ride out the downturns. We've been in mutual funds for probably 35 years and are much better financally for it than if we had just stuck to CDs or bank savings. But don't invest anything you can't do without. [/QUOTE]
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