where to put money next year?

Answer 1

not stocks or bonds or realestate or gold or art or
anything

just bet against the dollar the fed is a bunch of wussies
and will continue to cave in

Answer 2

I would say anything Japanese or Chinese. Consider EWJ, an ETF that holds Japan's major corporations. As for Chinese, well there are lots more lists, some good and some garbage. Remember, the corporate financial base for business in Japan is mature, consistent standards and practices are maintained, so the companies there are 'known quantities'. In China that is different. If a company has Hong Kong or Taiwanese* roots or support or supervision, then you have an advantage like with a Japanese corporation (better, because you can more easily get good data in English). New companies in China are quite a bit more iffy, which is not to say that there is not tremendous stock market potential, but still if the government says that mine will be dug and that bank will loan the money for it (such as for a company I have a little piece of), then it gets done. That is different from what is normal in most places we would be interested in putting our money.

*Note, Taiwan may not have the most cozy political/military relationships, but Taiwanese money and technology was very often first on the scene when China began to modernize its industry and economy.

Answer 3

A lot of mortgage companies aren't very knowledgeable in anything.... and that is a fact. You can ask the same question to 10 different people and get 20 different answers The way I look at is... and this is from experience. If you may have a hard time selling the house due to it being worth more than other homes in your immediate neighborhood then most definitely pay more to lower the principal. With the housing crisis and loan companies now making it harder to get loans then having a lower principal will make it easier for your home to sell. I have a home that is too large for the neighborhood. It's out of place they say. It's worth about $530,000. When the houses in my immediate neighborhood are only going for about $200,000 and lenders consider it a high risk property. But there are million dollar homes 2 streets down... I can't sell my home... I don't want too, but I did want to refinance it and I am not able too. It has nothing to do with my credit, because my credit is good enough to refinance... it's because of the house being out of place in the neighborhood. I plan on paying the house off this year anyway, but from experience, I say keep paying more than you have too, that way you have an easier time selling it... Buying a house isn't getting easier... so anything you can do to make it easier will alleviate headaches in the end.

Answer 4

I think gold still has a lot of strength left ($800-$1,000 range per ounce). As long as the Fed keeps cutting interest rates, the flight from the dollar will continue to weaken the dollar, which helps keep the price of oil and metals high. In the stock market, I would take a look at some of the beaten down sectors this year, like restaurants. Also, tech should hold its own, as it did this year. Look at global companies like MSFT.

Answer 5

I got this in 2002, so the companies are a bit dated, but I still think it's a sure bet!


If you had bought $1000 worth of Nortel stock one year ago, it would now be worth $49
With Enron, you would have $16.50 of the original $1000
With Worldcom, you would have less than $5 left
If you had bought $1000 worth of Budweiser (the beer, not the stock) one year agao, drank all the beer, then turned in the cans for the 10 cent deposit, you would have $214
Based on the above, my current investment advice is to drink heavily and recycle....

Answer 6

That depends on a lot of variables including what kind of returns you're looking for and your risk tolerance.

I'm an active trader so and don't really make long term trades. If you don't know much about investing or trading, you should look at mutual funds. You can still lose your shirt, but you'll have a professional money manager to manage your cash.

Answer 7

home builders are on sale...go long the bigger ones and short the European builders

Nibble in as they should recover throughout the year but unemployment needs to stay about where it is now ie less than 5%

Answer 8

Google/Apple stocks
&
Buy Gold bullions/coins!

Answer 9

Overseas stocks or mutual funds. Get out of the US market for awhile.

Answer 10

open a savings account with IngDirect. They pay interested every month and its a great way to save and make money.