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Money Panel

By Fred Wright, Times correspondent
Published March 4, 2007

How did you get started in investing?

Through where I worked. Stock plans, 401(k). Probably around 1970.

What have you learned about investing that you think all investors should know?

Do as much research as you can on the company you're going to invest in.

How would you describe your approach to investing?

Moderate. I'm not afraid to go out and take some risks on some stocks, yet I like to have some conservative holdings.

What do you find the most difficult about investing?

When you get into the different funds, understanding what they all are and how they perform.

How are you invested?

I have about 50 percent in stocks and about 50 percent in funds.

Have you made changes in your investment strategies in the past year?

I had about 60 percent in stocks and I changed that to 50. The stocks weren't performing as well as I liked. I wanted to look at where my value was going to be in future years.

How did you make those changes?

I went into my 401(k) and just looked at the one-, five- and 10-year outlook on different funds and decided how I was going to do that change - some conservative, some moderate, some aggressive.

Do you think now is a good time to invest?

I think so.

What is your goal for your investing?

When my husband retires, we'd love to do more traveling and afford to be able to live as we have for the past 30-40 years, and have the money last for many years to come.

What is your biggest money concern?

Our taxes and our insurance on our property. In the past 31/2 years, it has raised our house payments about $900 a month.

Where do you get your investment tips?

We have a financial adviser. I read the business section every day. I do get Money (magazine). I watch the CNBC financial channel.

[Last modified March 2, 2007, 21:11:24]