Correspondence: Investment strategies and unemployment

One member looks for opportunities in the sharemarket, while another eyes the latest unemployment figures.

I am on the verge of retirement and have most of our investments cuddled up in cash for the time being but I do have time on my hands and would like to dabble in a small way at first in buying and selling shares. I would like to know what strategy you would suggest for an old gum digger like myself? I have looked at a number of portfolios and find that I am attracted to one or two shares from each, even though I know that the end game of each is different.

I guess I am willing to take a bit of a chance on this but not throw caution to the wind. I am looking at starting with about $20,000. Over to you and out.

Name withheld



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