I want to invest some money in something other then stocks and bonds. Any ideas what is good?

Question:

I already have an IRA, and some money in a CD. I was thinking about gold or silver; jewlery, or maybe coins. Something that could hold its value, maybe increase in value, and can be liquidated quickly if needed.

You can buy bullion, but historically it is not a great investment - unless you happen to know the exact days to buy and sell.

If you are looking for liquidity, a high interest saving account is safe (if FDIC insured) and will have some earning potential.

I would advise against collecting anything for profit - only do it as an interest. That includes stamps, china, pictures, and fine wines.

You could put a small percentage of your portfolio into a real estate investment trust (most trade like stocks and bonds so they are fairly liquid) or you could put a little in a precious metal mutual fund. These would diversify your portfolio and reduce over all risk providing you don't go overboard on the investments.

I would stay away from collector coins unless you want to take the time to learn a little about the hobby first. Bullion coins might substitute for the precious metals mutual fund since they are mostly traded based on spot price anyway.

Have fun.

Go with blue chip stocks or an established mutual fund. Both offer the opportunity of a decent return, and are sufficiently liquid.

I would suggest Real Estate or funds (REITs)
Real Estate Investment Trusts - they are managed
real estate holdings.
read over the REIT's prospectus
If you invest in Real Estate (residential, commercial multi-family) make sure you know the area and job markets that influence the consumers. (renters or buyers)

Hai.Sharon

stocks n bonds r easly liquidated ..other than tat its bit hard...u can invest ur money in some fixed assets if u having it for more than a year..perb u can invest on land...bulidings... and illlegal if u want to a hiher return ..just jokin... u can invest on land yaar...tey giv a heffty return .

Have you considered REITs? Real Estate Investment Trusts are a little different from common stocks. Right now, they are going down in price, which makes them cheaper and easier to purchase.

Download a free book at http://www.invest-for-retirement.com... and go straight to chapter 18 to read a small blurb about REITs.

I want to invest some money in something other then stocks and bonds. Any ideas what is good?

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