In my opinion, you really shouldn't be investing anything until you are familiar with few foundation terms and phrases like stock, bond, money market fund, EFT, mutual fund, load fund, no-load fund, index fund, management fees and expenses, risk tolerance, asset allocation, dollar cost averaging, etc.
The fact that you are asking investment advice from total strangers and total strangers are giving you "investment advice" without knowing your age, marital status, number of dependents, other investments, net worth, employment status, existing retirement plans, short and long terms financial needs, debt load, etc., shows how little you and most importantly, how little they know about personal finance and investing.
Thanks for your reply. It may surprise you, but I know a bit about personal finance. I’ve got a retirement plan, a few properties, and have day traded the stock market for the past 8 years. I’ve also spoken to quite a few financial professionals.
To be honest, I feel that no one, including financial planners, knows what’s going to happen. We are in a wacky time with the debt/money supply increasing as it has in the last few years, and there a wide range of possibilities from deflation/depression/default to inflation/hyperinflation that could happen.
It’s clear I need to make my own decisions. Getting some advice from others on FR doesn’t make me a credulous simp who will whatever anyone says. FREGARDS