Thursday, September 2, 2010

Investing Tips for Current Times: Make 4% or More For Sure

Yesterday I had an opportunity to talk to a CEO of a wealth management company. She manages millionaires’ wealth and I assume her company must be doing well because she was travelling first class.

Since I had an opportunity to talk to her, I asked her if she can give some quick free advice on where to invest money in these tough economic times.
Her reply was
  1. Stay and invest in the stock market if you have more than 8 years to retires
  2. Invest in bonds if you want to retire in less than 8 years
  3. Pay off your mortgage it is a sure way to make 4% or more (i.e. you won't have to pay interest on your mortgage).
  4. Look into real estate for investing, though it might see some more downward pressure in near future.

 
What do you think?

1 comment:

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