Investing in stocks to meet short-term goals is usually not a good idea. Do not use stocks for any goal that is fewer than five years from completion. Any financial goal you need to achieve in fewer than five years is exposed to a risk that the stock market will swing to the downside just when you need the money. The best plans can be sabotaged by a volatile stock market over the short term.
As you approach retirement, you will want to dial back your exposure to stocks and move into safer alternatives.
Micheal Teo
In my personal opinion its best to diversify-30% in shares,30% in property n 40% in FD or Govt.bonds.
2013-06-28 17:00