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<blockquote data-quote="UPS Lifer" data-source="post: 261782" data-attributes="member: 9789"><p>Rule of thumb: Subtract your age from 100 and that is the % you should have in stock or mutual funds. Nobody should have all their eggs in one basket...espeicially in one stock! Yikes!!!</p><p></p><p>This is an overwieght position and is not smart. When you reach retirement age you need to diversify your holdings and preserve your wealth with low risk instruments such as bonds.</p><p></p><p>PLEASE don't compare his public actions with Martha Stewart. She had insider info and acted on it....and then she denied it!!! Kelley is publicly announcing his intentions to the SEC. This is why you know about it. As a former officer and member of the board he has an obligation to file his intentions.</p></blockquote><p></p>
[QUOTE="UPS Lifer, post: 261782, member: 9789"] Rule of thumb: Subtract your age from 100 and that is the % you should have in stock or mutual funds. Nobody should have all their eggs in one basket...espeicially in one stock! Yikes!!! This is an overwieght position and is not smart. When you reach retirement age you need to diversify your holdings and preserve your wealth with low risk instruments such as bonds. PLEASE don't compare his public actions with Martha Stewart. She had insider info and acted on it....and then she denied it!!! Kelley is publicly announcing his intentions to the SEC. This is why you know about it. As a former officer and member of the board he has an obligation to file his intentions. [/QUOTE]
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