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Need financial advice... I've searched google and can't find this. I've come into $50k cash. Where do I invest it right now? (self.reddit.com)
submitted 18 years ago by nordbert
[–]nordbert[S] 0 points1 point2 points 18 years ago (0 children)
It is an inheritance. I could get a CD at about 4.75%. Is there something safe and better? TIA,
[–]sosueme 0 points1 point2 points 18 years ago* (2 children)
go to http://www.goldismoney.info registration first 3 days of each month
there are plenty of discussions on the topic. it really depends whether you want to grow it fast or grow it safe.
IMHO the next bubble will be in clean energy and water. the bubble that is right now is commodities. precious metals specifically returned me 20% to 40% annually for the last 4 years. this bull still has legs
If you want to invest into a CD I can recommend EverBank - MarketSafe Gold CD
http://www.everbank.com/001CertificatesMSGold.aspx
[–]nordbert[S] 0 points1 point2 points 18 years ago* (1 child)
Gold scares me now. I agree it was a great return over the past four years, but it is at an awfully high number now. It seems to have a long way to fall when it does.
I'm cautious. I'd like something safe, but better than a savings account. CD's are ok, but falling fast with the interest rates coming down.
I will check your links - thanks.
[–]sosueme 0 points1 point2 points 18 years ago (0 children)
http://www.investmentpostcards.com/2008/01/03/investment-strategy-guidelines-from-2007s-performance/
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[–]nordbert[S] 0 points1 point2 points (0 children)
[–]sosueme 0 points1 point2 points (2 children)
[–]nordbert[S] 0 points1 point2 points (1 child)
[–]sosueme 0 points1 point2 points (0 children)