An investor should first determine what his investment goals are. If he is trying to build wealth for the future, for retirement for example, then definitely the penny market is not for that individual.
Blue chips and mutual funds are better, where an investor plunks down a specified amount of cash every month or every quarter and lets the cash value of his investments grow (hopefully) over time. Even blue chips are no guarantee however but they are a lot safer than penny stocks.
For a young guy that has twenty or thirty years to go before retirement and is investing for post-employment years, I’d recommend a combination of blue chips, mutual funds and real estate.
Nothing is absolute but folks will always need a place to live. The old adage “there is only so much land” and the ever increasing population are fact. Assuming we don’t have a national catastrophe where the population of the country is reduced by 10-20% or more, real estate will continue to be a good investment over the long run.
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