Are there any good investments left?
When you are in the midst of a global recession it can be a little tough to find a good place to put your money. The fact is that you can’t just take your money and stuff it under your mattress. So when the market is up and down and there is a large amount of financial instability where do you put your money and where do you not?
The first place you do not want to make an investment is in the stock market. Not unless you have a great hunch that pays off huge and even then it is still not a good move. The stock market has fluctuated around the 10,000 mark for months. Also, the financial reports that keep coming out are not leading to confidence in purchasing stock so at best stocks are being held for a few days and then sold off for small profits or losses.
Usually when the market is bad, in the past people have put their money into land and homes. Not now though. With the collapse of the mortgage market two years ago the housing market has yet to recover. While land will never lose 100% value, it is not gaining much value. Sure maybe down the road it will recover, but that will be after the foreclosures have slowed, and those homes are purchased, and the homes that the average person is trying to sell are purchased, and then a spike in new home production should occur. So as you can see the real estate market has a long way to go.
Right now if you are looking for a safe investment, and one that may have a decent yield the answer is gold. In tough financial times smart investors always put their money into things like gold. The reason gold, silver and even copper are good investments is because they will always have value. Over the past 2 years gold has gained more than $400 per ounce. That is a pretty remarkable return in this current market.
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