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 Where is the best place to invest 3 million and generate income from the interest? |
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Amazon
Apple
AT&T
Dell
Disney
Ebay
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Intel
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 Where to put money when the US dollar is tanking? |
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 When do you think the dollar is gonna start picking up? |
Additional Details
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redranchtexas | Is gold a sound investment? |
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Joieanew
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Yes absoultyly gold ahs never been at this price except for in the 1980- you should have invested a year ago. This is a market trend that reflects fear of "soft money" or currency. Because the value of the dollar has fallen so much. You can invest now but it will be expensive to do so, and the price may go down. But such is the nature of stock. |
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vhines200
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Gold is a commodity, the price can go up or down. Practically speaking, gold prices rise when inflation is expected and fall when inflation is low. Right now gold is at 25-year highs--largely because of the high price of oil. The best time to buy gold would have been a couple of years ago, not now. In any case you're probably better off not buying gold itself, but some type of securities backed by gold. |
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krm29619
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Yes, but wrong time, wait for the price to go down.. |
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Common Sense
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As 2% of all your assets, perhaps.
How well does it fit with your asset allocation, time horizon and risk tolerance? |
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javy
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The price of gold is still rising, It went up ten dollars an ounce last night. Allot of people are not certain if the American dollar will become as weak as say, the Mexican peso, so they are investing in gold. Since we got off of the gold standard during Nixon's term, the American dollar has been fluctuating, but gold is gold. It is still the standard in many countries. |
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jdc4ou
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No. You would be much better off with mutual funds that have a good 5 to 10 year track record. |
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reallyno
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an ounce of gold bought you a nice suit and a good meal back in the 20's and will still do that today. Choice is yours |
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Brock K
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YES, It what our economy has been based on for years! |
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sdrtm
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One of the greatest investors of our time's take on gold:
"Buffett emphasized the non-productive aspect of gold in 1998 at Harvard: "It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."
No utiliy does not mean its price does not rise. I feel you may be the last one to the gold party if you jump in now. |
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iceangel1133
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no the best thing to invest in is jade or rubys. |
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