Gold only set an all time tall jot down during $1000/oz. People who substantially invested their income in bullion prior to substantially have done the decent profit. I wish to deposit the little of my income in to something which many substantially will good me. I do not wish to outlay the lot since I am fearful I might finish up losing it as well as I do not have the lot of income to begin off.
WHERE SHOULD I INVEST MY MONEY?
Previous post: WHAT ARE SOME GOOD AFFORDABLE STOCKS TO INVEST IN?
Next post: HOW CAN SOMEONE INVEST IN A WAR?
{ 8 comments }
The basic rule of investing is that risk rises along with potential return. If you are risk-adverse, stay with bank CDs. If you’re willing to tolerate some risk, go with low-cost mutual funds or muni bonds. If you can tolerate high risk, the stock and commodities markets might be for you.
It sounds like, from what you described, that a DRIP Plan could be something you might be interested in.
They are seldom recommended by brokers due to the low rate of commissions received. However, these
reinvestment plans can be very powerful long-term investments. Studies have shown that DRIP’s are one of
the best strategies on Wall Street.
They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan.
Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip
Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases.
These long-term plans are great for beginners as well as veterans. Check them out.
Best of Luck
Decide what portion of the money you want to invest. Next you want to know what class of asset you want to invest.
Since Oil and Precious metal are in demand, you might want to ride the wave, there’s always high risk to follow the herd. Gold might go to $2000/oz in a short period of time if things start to look very bad but if things return to normal next year, it may fall back to $500/oz and you lose 1/2 of your money.
Bonds might be ok, if you get one now and interest rate cut until it goes back to 1% your bond would be worth more in the future. EE bonds does not count.
Stocks are cheap now…or is it? The devaluation of US dollars make stock more expensive(hence it goes down). If the economy turns, the valuation of these companies will grow very fast and so will the stock price. So choosing the right stock while it is cheap and stick with it for years would be a good idea right now.
Real estate should be purchase now, if you need a place to stay anyway. It may be cheaper to own than rent in some places.
Open an insured bank account in Canada, European country using Euros.
Start by investing in a few good books about investing. Then begin by buying deep value, high growth and high dividend ETFs and stocks.
Or buy a handfull of mutual funds such as ADVDX, CGMFX, DODGX, TAVFX, MXXIX, etc.
Mexico.
Chindia
Hello,
I also had a similair problem as you have.
I had a good amount of money, and wanted it to grow.
So I looked around on the internet to find something that is:
1) giving me great returns towards a relatively small risk
2) Professional people who know what they where doing with my money.
I’m glad to say I finally found a moneymanager who is capable of giving me good returns and give me a great support.
On this blog you can follow up all the results that he is making:
http://my-robottrader.blogspot.com/
My money is working for me, in a little over two months I already have a ROI of 71%.
So you don’t hear me complaining!
Annyway if you would like to get in touch with my moneymanager to have some more information feel free to contact me you can send an email to me at derrekmay at gmail.com.
Then I’ll give you the email adress of my moneymanager
Hope this has helped you!
Comments on this entry are closed.