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To: refreshed
What, in your opinion is the best investment for $100,000 right now. Just keep it in cash?

1) Start buying some gold. Not all at once, keep cash ready - despite the inflation rate. The dollar is showing absurd strength right now, which won't last forever. 10% is a good insurance level.

2) Residential real estate is still OK - not nearly as overpriced as the media likes to pretend - but it varies based on individual markets. We are five million units short of meeting demand, as due to NIMBYism and looting politicians builders can no longer develop starter home communities at a profit. Sell California - buy Oklahoma.

3) After interest rates peak, some bonds will become very attractive.

4) For now, avoid stocks or other forms of paper investment that will make your advisors rich, as it is too difficult for the average investor to discover their true value.

5) But the very best way to invest $100,000, IMHO, is in one's own business - or if one doesn't own a business, in non-university education related to your field of choice.

This is the kind of market where you can do everything "right" and still lose money in the short run. The point is to avoid big wipeouts, as are in progress at some former NASDAQ high-flyers right now. Look for real assets with real long-term value.

41 posted on 05/19/2022 6:31:17 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Mr. Jeeves

Thank you for that sound advice. Lots to consider.


49 posted on 05/19/2022 6:42:34 AM PDT by refreshed (But we preach Christ crucified... 1 Corinthians 1:23)
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To: Mr. Jeeves
1) Start buying some gold.

Yes. Gold has never gone to zero. Everything else can go to zero.
60 posted on 05/19/2022 7:33:11 AM PDT by Colinsky
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