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If he put that money in Enron, he'd be bankrupt today.
too stupid!! If we can make people invest 15% of their lifetime income to teach them responsibility, so they can live comfortably in retirement, and so we don't have to support them in retirement we can make them invest only in a diversified portfolio of A rated investments!
Guy, I know a lot of people who responsibly put their money in homes and 401K's and wound up with underwater mortgages and busted 401K's.
So let's not get nto the woulda-shoulda-couldas. Let's talk about what your problem is.
80 years ago, the greatest of AMerican Presidents said, we aren't going to let our elderly starved, and the REST of us have an obligation to make sure they don't.
I'm good with that. If you aren't, you have serious problems.