Where will you invest your money?
By hitejam89
@hitejam89 (523)
India
October 28, 2008 10:24am CST
hi lotters mostly people invest in realstate, gold and stockmarket. But recently there is lot of fuzz about foriegn exchange or Forex with realstate and stocks going down. if you had to invest your money, which of the following would you choose. Gold, realstate, stockmarket or forex and why?
1 person likes this
2 responses
@lou_66 (909)
•
28 Oct 08
at the momen i would nt invest my money in stocks and share or put it into savings accounts or do any thing that involves companies. i wouldnt trust my money with any one right now. instead i would buy jewellery or antiques. something that you keep at home and you could choose to sell whene you wanted to. i will make an investment one day i a just looking for the right one
@hitejam89 (523)
• India
28 Oct 08
thanks for your reply. its good to buy jewellery or antiques but if you put them in saving accounts you may be in losses, due to rising inflation all over the world.
@kykidd (6812)
• United States
28 Oct 08
Right now if I had some extra money to invest, I would invest in the stock market. A lot of stocks are half the price of their full potential. You could actually double your money in no time.
Also, I would invest in stocks that paid dividends. That way I could either take the money from the dividends and use it as extra income. Or I could just reinvest the dividends into the same stock. I think this could be very lucrative in the long run.
What about you? Which would you choose? I haven't checked to see if the price of gold has gone back down. But if so, that may be a worthy investment.
Have a great day!
@hitejam89 (523)
• India
28 Oct 08
hi thanx for replying .. stock market may fall 20% more in coming days accordling to some stock market analyst who reviewed data frm the great depression in 1920's till date if i had money i would have invested in realstate. they got really cheap due to morgage crisis.
