Good day
This is a difficult question because of the times we are living in.
Everything, and I mean EVERYTHING is going to be turned on end.
All the old ways of safely investing money are not going to be
safe much longer.
I book I strongly suggest everyone reads is
"Your Money or Your Life" by Joe Dominguez and Vicki Robin
It starts off "...budgets do not work
There is only one error with the book. It recommends, no it states
very very strongly that you should invest in U.S. T Bills.
This ultrastable and reliable investment will be called to question
in the near future. And may be entirely abolished in a grand
money grabbing scheme with the government forgiving itself
of all its debts. (meaning your Bonds are worth nothing.)
The U.S. government has done this before, look up the end of
the Gold Standard.
Right now, as in now, maybe not in a year, houses are a good
investment. Their value is down. You know, buy low sell high?
Well, houses are low right now.
So, learn a lot about whatever area you choose to invest in.
Use your feelings to guide you. Feel for when it is time to change.
Changes will come very quickly now.
- - - - - - -
Now, for most of the people here. I very strongly suggest you buy
a house. Do whatever it takes to get into a house. Sell the car.
Save every dollar instead of paying down bills. Borrow money from
friends. Everything you can to get a down payment. (once you
have a house, it is very easy to get a car. Not so the other way
around) A house is one of the most helpful things and one of the
best investments you can make right now.
After that, gold and silver will be decent investments, but by
no way will they be the best.
Well, there is some knowledge
Enjoy
BuilderOfCastles


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