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
Graffiti about Greek crisis fills Athens' streets Artists are taking to the streets to express their views on the Greek crisis. More
My whirlwind 24 hours in Taiwan as a bridal supermodel Unlike the West, Taiwanese brides-to-be sit for hun sha ?? photo sessions before their actual wedding day. The photos are seen as a status symbol as well as a way to capture the brides' youth and glamor. More
8 startups that'll make your travel experience so much better Here are the new travel apps and services that will make trips easier, less time-consuming, and more fun for the every day business traveler. More

Special Offer