November 4, 2005: 2:25 PM EST

NEW YORK (CNN/Money) - I'm single and make about $80,000 a year. I own a home that's worth about $550,000, which is more than $100,000 than I paid for it, and I've just used $60,000 I previously had invested in a diversified portfolio of stock mutual funds in an IRA rollover to buy a $140,000 vacation home in Arizona that is now valued at $190,000. My question is, should I continue with this investment strategy for retirement or do something different?

-- Andrew Lam, Walnut Creek, Calif.

Investment strategy? I don't see any investment strategy. I see someone who went from having his wealth divvied up between real estate and a diversified portfolio of stock funds to a position where everything he owns is now pretty much riding on the fortunes of the real estate market.

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http://money.cnn.com/2005/11/04/pf/expert/ask_expert/