            TO HELP YOU REACH YOUR GOALS, YOU MANY WANT TO CONSIDER:

                    A Current Income Portfolio consisting of:

                            100% Short-term Securities

Based on what your said in Module 2: Investment Strategy about your tolerance for risk, the time you have to save, and your financial circumstances, this portfolio may be the right one for you in helping to reach your retirement goals.

This investing strategy is designed for investors who want to produce current income while protecting their capital from the waves of the stock market.  It is appropriate for people who are nearing retirement age and who are seeking to achieve stability and capital preservation.  These investors are unwilling to risk their savings to substantial short-term fluctuation in value.

Because it seeks to obtain current money market yields by focusing primarily on high-quality money market instruments with maturities of one year or less, it is considered the most conservative of investing strategies.  While the portfolio may lose ground to inflation, it will not be exposed to the possible short-term ups and downs of a more equity-oriented (growth) portfolio.

Only you know what works best for you under any given circumstances.  If any of the answers you gave in Module 2: Investment Strategy change, the portfolio given might be different.
