2006-09-16 16:56:01 · 3 answers · asked by a a 1 in Business & Finance ➔ Personal Finance
There isn't enough detail here to answer this really, but in general:
- gold seems to be recovering from a 30 year bear market. Personally, I think central banks have finally begun to deplete there stocks after the world dropped any pretense of a gold standard about the time the bear market started.
- raw land is usually not a good investment unless it is in a booming real estate market. Most real estate markets that were booming have started to fizzle due to rising interest rates
- multi-unit homes generate income and have capital gain potential. If the housing market declines, the rental market will increase. People still have to live somewhere.
2006-09-16 17:07:07 · answer #1 · answered by lenny 7 · 0⤊ 0⤋
there are too many unstated qualifiers to give you a pertinent answer...[like age, income, risk tolerance, amount of disposable income...etc etc etc]
however
land, gold , rental property??
undeveloped land ....not normally a good investment
developed land...the profit has probably already been made
land developers, however....
there are a couple of ETFs that track real estate, home builders;
there are plenty of REITs that would give you exposure to this area and provide some income
gold...again...lots of ETFs, close-ended mutual funds that would give you exposure to gold and other precious metals...for something different, however...look up GSG and DBC...they are ETFs that track commodities...
Rental property??? large loan mortgage payments if you do not keep the units rented...it also means that you are "on call" 24/7 to repair/ fix/remodel/upgrade your property....granted, with enough units...you can have a nice income , but you are "married" to the properties..and heaven help you if you have a tenant from hell, a law suit, an act of god...If you have deep enough pockets to buy a 4 bagger clear and clean....you can probably build up enough units to hire a management/super to run the business..
again,,,,there are REITs and ETFs that mirror rental, business, commercial properties...
side note on gold...the historical ratio between gold and oil has been that around 12 barrels of oil will buy an ounce of gold...so if oil is around $63...gold should be around $756 ; if one is disproportionate to the other-take your best guess which one will move towards the other...
2006-09-17 01:30:37 · answer #2 · answered by Gemelli2 5 · 0⤊ 0⤋
There may be something of use here.
2006-09-17 03:05:38 · answer #3 · answered by Anonymous · 0⤊ 0⤋