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I want to invest some money in something other then stocks and bonds. Any ideas what is good? |
I already have an IRA, and some money in a CD. I was thinking about gold or silver; jewlery, or maybe coins. Something that could hold its value, maybe increase in value, and can be liquidated quickly if needed. I would suggest Real Estate or funds (REITs) You can buy bullion, but historically it is not a great investment - unless you happen to know the exact days to buy and sell. You could put a small percentage of your portfolio into a real estate investment trust (most trade like stocks and bonds so they are fairly liquid) or you could put a little in a precious metal mutual fund. These would diversify your portfolio and reduce over all risk providing you don't go overboard on the investments. Go with blue chip stocks or an established mutual fund. Both offer the opportunity of a decent return, and are sufficiently liquid. Hai....Sharon Have you considered REITs? Real Estate Investment Trusts are a little different from common stocks. Right now, they are going down in price, which makes them cheaper and easier to purchase. |
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