I used to be on board with the idea of investing in stocks, and mutual funds-but no more in today's economy. I never had a ton of money but I did have a bit invested and then boom - gone. So I try to find safer ways to make my money grow. It is just too risky in today's economy to invest in them.
If you are young (say 45 and below) enough to have a few years of work left before retirement, then it would be wise to invest in stocks or mutual funds. Do your research and rather opt for some financial advice or get a broker. The returns for stocks are much higher on average than any other investment instrument. Even when the economy slows down, in the long run the capital growth will make up for it. When you near retirement your risk portfolio changes and you would want to take on much less risk. This is where you start buying corporate and government bonds. Government bonds have virtually no credit risk.
by Raymond D Choiniere 13 years ago
Hey Americans,Here is a lovely article for you.http://news.yahoo.com/coburn-proposes-9 … 45582.htmlDo what you want with what you read. Sounds like more trouble coming to me. And, no real answers for bettering America.Then again, what else is new from politicians.
by Shil1978 14 years ago
Do you still believe that money can be made in today's stock markets?
by SPomposello 13 years ago
Let's say your employer doesn't match anything with your 401k, and you have no issues with saving money, you don't have a million expenses... is there any point in having a 401k, iRA, or anything of that sort then?I've got two jobs plus I'm married, my wife works, our expenses are low, I have a...
by Ahdilarum 10 years ago
Mutual Fund or Stock Market? Which investment gives more returns?
by ngureco 14 years ago
Which Is Better: To Invest In Stocks or Mutual Funds?
by Joe39 13 years ago
Define both Bonds and Stocks and mention some fundamental differences among each other?
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