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The Water Cooler
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Where's the smart money?
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<blockquote data-quote="mhphoto" data-source="post: 1308029" data-attributes="member: 6288"><p>I'd stay away from gold, simply on the basis that you'd be buying high and the gold bubble won't last, which means you'd probably be selling low. One of my colleagues is convinced that silver is going to go up soon, and while his research makes sense, I still wouldn't invest in it. Precious metals are more of a hedge against downward markets than an investment. </p><p></p><p>Look into ETFs, some mutuals funds that are rated 4 or 5 stars my Morningstar. If you were worried about the tax implications of your earnings, consider a financial advisor who knows how to use variable universal life policies to get you tax-free income. </p><p></p><p>If I had the time, I'd love to invest in real estate. Great time to buy if you can do it without burying yourself in debt.</p></blockquote><p></p>
[QUOTE="mhphoto, post: 1308029, member: 6288"] I'd stay away from gold, simply on the basis that you'd be buying high and the gold bubble won't last, which means you'd probably be selling low. One of my colleagues is convinced that silver is going to go up soon, and while his research makes sense, I still wouldn't invest in it. Precious metals are more of a hedge against downward markets than an investment. Look into ETFs, some mutuals funds that are rated 4 or 5 stars my Morningstar. If you were worried about the tax implications of your earnings, consider a financial advisor who knows how to use variable universal life policies to get you tax-free income. If I had the time, I'd love to invest in real estate. Great time to buy if you can do it without burying yourself in debt. [/QUOTE]
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