Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

2 of 7
BACKNEXT
Keeping a broad focus
Name: Don A. Ash
Age: 85
Hometown: Keizer, Ore.


I am an 85-year-old retiree from the drug industry who retired in 1984. I was given a cash settlement in place of a pension and rolled it over into a stock market that has treated me very well over the years.

My portfolio is broad and I keep what I like to call a "personal mutual fund." My IRA has 15 stocks and funds and my brokerage account has 30. Some of my big winners over the years have been Biogen, which I bought in 1984, and Alcatel-Lucent, which I bought when it fell to around $1 from $64.

Like many people, I lost over 30% in the recent slide. The biggest losers for me were Washington Mutual, Bank of America and Microsoft. But in the last few months, I've gained some of that back. Citigroup, Terex, Maxwell Tech and Hyundai are all green as of now.

I'm still down around 20% from a year ago.

NEXT: Maxing out the 401(k)
Last updated September 14 2009: 2:51 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
14 gifts gamers would actually want Whether you're shopping for a Pokémon GO fan or someone who owns every console ever made, we've got holiday shopping recommendations to suit everyone from beginners to the most discerning gamer. More
14 coolest toys for the holiday season Our list of must-have toys includes a self-hatching interactive pet, a coding toy for toddlers and a high-tech Barbie Dreamhouse. More
The 10 most expensive colleges this year The 10 most expensive colleges in the U.S. charge more than $66,000 for tuition, fees, room and board for the 2016-2017 school year. More

Special Offer