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65, retired, St. Petersburg

How did you get started in investing?

As a very young person, I was very apt to saving money. I guess my first real investment was my IRA, about mid 1970s.

What is your best investment so far?

Seems like real estate has always been my best investment. I started off building duplexes.

What is your worst investment so far?

When I started fooling around in stocks, that was probably back in the '60s. Believe it or not, I invested in Boeing. It looked bad at the time and I sold it. If I had of kept it. . . . More recently, Lucent Technology.

What have you learned about investing that you think all investors should know?

Start young and be consistent.

How would you describe your approach to investing?

I'm conservative and I look for length of time, money averaging. Let it go over time.

What do you find the most difficult about investing?

Probably keeping up on the technical end, reading reports. It's hard to understand some of them. Keeping my interest in that particular phase of it. I believe in investing, but I'm not one who follows the market.

How are you invested now?

About one-third of my net, about 60 percent stocks, 40 percent bonds. The rest is real estate.

What changes, if any, have you made in your investments in the past year?

I put a lot of money into annuities when I was younger. I'm pulling it more out of stocks and into mutual funds.

Do you think now is a good time to invest?

It's never a bad time to invest. It's whether I should invest in more bonds or more in the actual stock market. I do feel that with real estate, it's a good time to sell and you're going to have a pretty good slowdown pretty soon.

What is your goal for your investing?

My original goal, when I started investing, was to be debt free by 57 and retire and do what I want to do. Now my goal is to continue that and be able to keep my standard of living the same.

What is your biggest money concern right now?

Probably health insurance, medical insurance, home insurance, liability insurance. It keeps growing and you get more liabilities, and you worry more about what's going to happen to you.

Where do you get your investment tips?

I stay pretty much on I follow that. Also things I get through Vanguard. I always read the St. Petersburg Times. I read Money occasionally.