Re: America's Financial Crisis
My investments are very low, as I am still very young and have not worked enough yet to save and invest (school), but in these turbulent times, I would stay away from the stock market.
In times of extreme volatility, you're better off not only (1) diversifying your portfolio, but also (2) investing in safer bets for the long term like bonds or CDs, etc. But to be honest, if I had the dough, I'd much rather invest in commodities. The value of paper currencies is very low, especially when you have something like the dollar. Historically, when the value of paper currencies decline, the price of commodities such as gold increase, as has been occurring in the past several years.
Originally posted by crusader1492
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In times of extreme volatility, you're better off not only (1) diversifying your portfolio, but also (2) investing in safer bets for the long term like bonds or CDs, etc. But to be honest, if I had the dough, I'd much rather invest in commodities. The value of paper currencies is very low, especially when you have something like the dollar. Historically, when the value of paper currencies decline, the price of commodities such as gold increase, as has been occurring in the past several years.
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