Wednesday, February 3, 2010

Where to Start

Now that it is clearly going to be a long and protracted recovery, many people are confused and nervous about where to put their investment dollars. My suggestion is to not rush into any investment. Unless you are an experienced day trader and investor, you should take your time and research where you put your dollars. Your first priority should be to invest in stable, conservative investments to build a base. Some of these are the more familiar stock sectors like energy and agriculture. Some other ideas would be gold and other precious metals. Once you have a solid base, then you should look into diversifying. I’ll start to offer ideas on where to diversify tomorrow.

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