If you are just beginning investing you should do so conservatively.? You might start by opening an interest bearing savings account simply to set aside the money you plan to invest with.? Money that you invest with is going to be that which you don?t need to live on from day to day.
When most people think of investing, they think of the stock market.? But, not all investments involve stocks.? There are other, lower risk ways to invest your money.? And, considering how many once thought of as legitimate business have turned out to be Ponzi schemes, right now may be a good time to consider other investments.
Whatever you invest in, don?t think about making money in a short time.? Conservative investments pay off over time.?
One good place to invest your money right now might be in real estate.? There are some special problems going on in real estate that you will want to watch out for right now when investing in residential real estate, especially foreclosures.? Make sure you have clear title and title insurance.?
Give preference to a non-foreclosure house over a foreclosed upon house right now.? There are lots of problems with the paperwork on mortgages, especially foreclosures.? There is a quiet revolution going on through the court systems, which is why there has been a slow down in foreclosures.? The banks are being forced to prove their claim on houses they have tried to foreclose on.? In most cases, they cannot.? This illustrates the problems of widespread mortgage fraud.? So, while no is a good time to invest in real estate, you should proceed with caution.
Another good place to invest at this time might be in precious metals, particularly silver, but also gold. There has been a very large increase in silver prices in the last year as the value of the dollar as a world reserve currency has plummeted.?
If you had invested in gold or silver two or three years ago, you would have quite a nice return on your investment at this time.? But, there is no reason to believe that the current trend is not going to continue, so you may want to consider adding silver, gold and maybe some other precious metals to your portfolio.? You can invest in gold and silver by purchasing silver and gold coins from a local coin dealer.
Wherever you decide to invest, do your research and invest carefully.? Never risk tying up money you need for your day to day expenses.? And, always think long-term.? You should be suspicious of anyone promising you large returns on your investment in a short period of time.
Disclaimer:? The author is not a legal or financial advisor and is only expressing a personal opinion.
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Source: http://publicbeware.com/how-to-begin-investing-real-estate-silver-and-gold-as-investments.html
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