In the second stage, broaden your holdings with eight to 12 blue chips and conservative big-cap growth stocks. Finally, fully diversify your portfolio with Treasury bonds and mutual funds that hold foreign shares, small-caps, convertibles and junk bonds. There's nothing wrong with professional management. Just be sure you pay up for it only when you need to. Profits are strong.
Inflation is tame.
But you still need a smart strategy to cash in, and Michael Sivy provides one. Time Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited. Our Privacy Policy . Terms of use .