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Strategies for protecting our wealth in these crazy times
#7

Strategies for protecting our wealth in these crazy times

Quote: (09-23-2008 02:49 AM)TheMoonMonst3r Wrote:  

Real estate (apartment buildings) would obviously be a good investment...hard assets that will appreciate and retain their value no matter what happens to our currency. Unfortunately, apartment buildings are a little out of my investment range. I have ~$3,000 in a 60% bond-40% total stock market balanced fund, and $500 in a money market fund, and I don't know what to do with them.

3 options
- sell what you have now, and put the cash under the mattress
- hold - and watch your holdings decline at first, and then go back up
- buy more - bet that the market will come back, and now you have a bigger position
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