The one upside to all these loans scandals is its forcing people to live within their means again. So once people can't be educated or employed I guess the best thing to invest in might be security. Protection for those who have against those who don't.
Much harder for your brokers to place those naked shorts or lend securities, due to regs requiring covers on short positions due to legislation in 2009, is what i meant earlier. Oddly, i think its the lack of hiring that's keeping the margins as high as they are, though we are gonna get some cluster fucks when the Frank-Dodd act and the Health Reform fully go into effect.
I know this is a thread about investment, but a person I listen to regularly and have taken a personal financial management class structured around his suggested system is Dave Ramsey. I believe he does have a section on his site talking about things like investment. I like him because he's not afraid to be real and honest with people about the potential outcomes of their problems, as well as solutions. He seems to give pretty sound advice that really anyone can pick up on and utilize in their day to day life no matter what income level. Anyway, here is a link to his website. I'd suggest listening to some of his radio show while you're surfing the web, you can get recent shows found int he archives. It's good stuff! http://www.daveramsey.com/home/
lippy is very conservative when it comes to money...all of my savings/investments go into roth ira's...at least i know the money is safe and will be there for my retirement...i'm not much of a gambler
I have been sneaking in and reading it anyways. Don't tell. LA doesn't want us gurly gurls in his investments. :smt022
Guys you need to watch Shark Tank on ABC absolutely genius show. I forgot about this. It's always been my dream to be an Angel Investor.
I have some portfolios w alternative energy, some in the former East block and Asia. I bought stock in XM Satellite radio in its infancy, that went well I just regret I didn't have more money to put into it at the time. I have a few CD's as well.
They were and are for the most part high risk selective portfolios that invest in specific companies. I need to go back and look at them to tell you the specifics. Something I set up through my Swedish bank acct. My mother is managing them. We went in together in these investments - that sounds funny but she is a hell of a smart woman when it comes to this.
If you don't mind, I would like to know the names of these companies to do further research on exactly what it is you're investing in. It sounds as if you just gave your money up to something you don't know much about, yet, felt confident in doing so by the virtue of your mother's research and rather skillful insight in choosing a wise investment.
It was well researched for sure. I trust my mother completely and it beats paying someone to do it. With my job, I simply don't have time to keep track on it and so far it has gone very well. I like investing my money but wish I had more understanding and time to gain that understanding, but I don't so for now.. she is my money manager I do buy some stock on my own on the side, but the majority is decided with her knowledge. I will look the info up, I just don't recall on the top of my head as she is managing it. I see no problem with that, I want to invest my money but don't have time to do it on my own as I don't have a 9 to 5, 5 days per week kinda job. But it is on my wish list for sure. Edit: On second though; I find it curious I am the only one you called out on investments to research exactly what I'm investing in. I feel a bit odd about that. Is it because I'm not a man, since I'm the only woman so far that wrote what I wrote?
I said what I invested in upfront. Sirius/XM and a lot of forex trading mainly China, Germany, Polish, Japanese, and American currency as well as my hsbc mutual fund.
You could loose all your money in an IRA too; depends on what your investments are allocated to. You can also get a decent rate of return without much risk. Though it usually takes money to make more money. Those investing through foreign banks and accounts; make sure you are paying your taxes on those accounts, the IRS has been cracking down hard...