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Retiree needs help investing large cash stake A 69-year old retiree who holds sound equity investments and has a heavy cash position wants to make changes to her asset allocation that will produce growth while avoiding significant losses, in this profile article on Morningstar. An avid stock investor throughout her lifetime, she has amassed a healthy portfolio of equities, many of them high-growth and high-risk. But she also has more than half of her portfolio in cash, proceeds from a real estate sale, and she's reticent to put that money to work due to market volatility. While she's in good financial standing because of her modest spending, the risk she runs is that her portfolio might not keep up with inflation because her heavy cash position. The analysis concludes that she needs to invest gradually in stocks over the years using her liquid assets. --Morningstar
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