From: PeterL 
Newsgroups: misc.invest.financial-plan
Subject: Re: Naive Investor - help
Date: Thu, 3 May 2007 18:13:12 -0500
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On May 3, 3:32 am, JACK-CALI  wrote:
> Looking for some help... Im not sure what to do with some money in the
> bank but Im not 'obviously' the day-trading knowledgable type..
>
> I have about $100,000 to invest but it is in a stupid bank savings
> account.  Im guessing thats not good.  


well it depends.  If you are in a short term CD getting a little over
5% that may not be that bad.

> Im fine on the job bringing in
> money and dont necessarily need the money for anything short term.
> That being said, I wonder if in California it is wiser to a) buy a
> rental property or b) invest somehow? which is where I need the help!
>

Buying a rental property is also investing.  Which is best depends on
a lot of factors.

> I also have $47,000 in a brokerage.  $26,000 is in money market (is
> that good?) and $21,000 is in 3 investments (FPPTX, VGENX, VFINX)...
> Theres where the naive part comes in.. im not sure what the best step
> is for where all that money 'should' be...
>
> If anyone could give me a few scenarios it would be greatly
> appreciated.. oh, and im 37.
>


You are not going to get specific advice here that's good.  There are
just not enough information here.  So I would suggest spending a
little money on some education.  Start with a general financial
planning book.  Jane Bryant Quinn is a good writer in this area.


> JACK!