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Money panel

TIM McDONALD: Certified Registered Nurse Anesthetist, 43, Tampa

By Times staff writer
© St. Petersburg Times
published April 13, 2003


Q. How did you get started in investing?

Actually, I read some information about investment clubs. I never belonged to a club. But I bought one share of this, one share of that. That kind of got me started about 10 years ago. I've always participated in an employer-sponsored 401(k).

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Q. What is your best investment so far?

Actually, I don't have one. Nothing that has stood out in my mind. I work for the federal government, which has a TSP (Thrift Savings Plan retirement program). The government matches what I put in. There are five different mutual funds I can choose from as well as a cash fund.

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Q. What is your worst investment so far?

I bought a couple of hundred shares of US Air stock about 12 to 18 months ago. I kind of thought it would take off. It hasn't.

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Q. Where do you get your investment tips?

Reading the paper. I scan things on the Internet -- whatever Yahoo supplies me.

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Q. Do you think this is a good time to invest?

I think it's an excellent time to invest. I'll be looking for stocks to buy here in the next few weeks, putting money from my income tax return back into my retirement fund.

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Q. What is your goal in investing?

No targets at all. I keep putting in the amount I can put away. I expect to keep working for the rest of my life.

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Q. Any tips for people going into investing?

Just do it and don't be scared. Things go up and things go down, like a roller coaster.

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