With the housing market in such a bad shape and the dollar losing its vaule, what should i invest in?

Gold is now at 800 an ounce.
Oil is at $93 a barrel.
What are good to invest in besides these commodities?

You could invest in oil--consider IEO, the Ishares US Oil & Gas Exploration and Production Index fund ETF (exchange traded fund). Last January it was selling for about $44 and change, today it is about $66 and something.

You could invest in the publicly-traded companies of some other countries, where business has been pretty good. There are some good ETFs for them as well. Malasia, for instance, EWM, while down the last couple of days, it has been on a fairly steady upward march especially since late August. It was trading at a little over $8 this time last year and is going for around $13-ish right now. I made some money with it back in January, buying it at about $9 then selling it at almost $11 a few weeks later. Singapore (EWS) did even better, but I didn't get in on that $10 to $15 ride.

Sweden (EWD) has some interesting properties, but it is more a long-term buy-and-forget thing. A nice steady climb over the past couple of years, better than money parked in the bank, but not a whole lot more exciting.

For real excitement, and I didn't trust it and missed it, but consider FXI, the FTSE/Xinhua China 25 Index. This time a couple of years ago you would have paid about $85 a share for that ETF, its going for about $208 today. Try that with bank interest.

land

Honestly, this is an indirect answer but I think you should invest in Ron Paul as president.

He's going to restore the dollar by forcing the Fed to re-back the value with gold. That way it will curb our "inflation tax" and not allow the dollar to get weak again. Just like the founders said to have it.

http://www.ronpaul2008.com

Art, coins with both numismatic and bullion value,antiques, vintage cars. Remember, the value of a stock certificate or cash is relative with nothing of value to back them." Hard assets" will always maintain and increase in value.

Look for the best money market rates. I am getting 4.75% on mine, they are liquid, and safe. I have stock funds as well, but I have put my excess money in the money market funds, and will look for the best value on a real estate offering, home or duplexes, buy it now, upgrade it as inexpensively as I can, and when the home market picks up in the spring, I will list it. Check out the appearance of the other homes in the area, what kind of cars are parked in the drive ways, the mainainence of the yards, the number of kids, and the appearance of the residents of the area. AND, how many of the homes are rented. These are the most important variables you should consider when purchasing housing for resale.

Here is my logical answer

$ is loosing its value which means other countries are gaining their value... Do not think that much, just invest in foreign company's in stocks! Thats your best bet and quick and safe money

Countries like India and China will make you good money!

Let me give you a quick example - US Market was down about 390 points last night and on the other side, indian market was up by 231 points today! lol, doesn't that show you how oustanding they are performing!

Good Luck!

Yeah, real estate is in bad shape. That's exactly why you should buy it.

Buy Low, Sell High. That's how investing should work.

If you have the ability, real estate is a good long term play right now.

European Stocks.

florida condos

Since the dollar is losing its value, the right idea is to bet on it. What you can look for are two types of investment.

1) Foreign currency saving accounts.

Look for a saving accounts that invest in a foreign currency and earns high interest rate so that you can earn from the interest and the exchange rate

2) Companies that derives large % of revenue from non-US market.

Again such companies would gain from the depreciation of US dollar since most of their earnings are non-US dollar. But one has to note how their clients pay them, are the clients paying them in USD or non USD.

Hope it helps.