Dollar is losing value,where should I invest the cash?
Public Comments
- Gold
- I wouldn't try to guess what would happen. The dollar is so low right now you would hope that it would start going up. Good luck.
- If you live in the United States and intend to utilize your money in the U.S., there is no need to move your money offshore. Domestic inflation is still very tame.
- You could invest it in my family. I'm looking for a personal loan and would be willing to pay back at 15% simple interest. I don't have the best credit score from going through a divorce about 4 years ago, but I do pay all my bills on time and I do make good money now, but it's tough to just pay minimums. Write me at rketterl@hotmail.com
- emerging economies that may not be yet as overbought as China: Philippine stocks could be attractive because the recent slumps in world markets made many philippine stocks cheap realtive to earnings. Also, the Philippine peso is very strong. But i suggest you do your research first before you invest, becasue high rewards means high risks. I suggest you read a lot of books about investments first, especially those about Warren Buffet
- When the dollar declines many invest their money in gold and precious metals. Natural resources is another good investment. These areas should do well for several years until the U.S. comes out of this recession, perhaps 2010/12 These funds have been doing well since March 2000
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