Thinking Outside the Box: Investment Opportunities for RetireesSeptember 25th, 2013 by The JetSetter Team | Comments Off on Thinking Outside the Box: Investment Opportunities for Retirees
The best thing about liquid investments is just that—their ability to be fluid and their overall lack of depreciation. Such investments might be generic, but most require previous knowledge or the ability to learn. Things like art, coins, weapons, and antiques are valuable, especially if you know how to look for them and how to sell them. These sorts of investments are exciting because they address more than the financial needs of the investor. They offer the unique ability to develop an interesting hobby that can later be turned into cash.
Investment in metals can also fall into this category and is often of interest to retirees. Silver, gold, and platinum can be bought low and sold high and, even in hard economic times, maintain at least a portion of their value. The key, as Jason Hartman preaches, is in diversity—maintaining an investment portfolio that doesn’t put all of your eggs in one basket.
A great way to divide up your eggs is by also looking into more traditional sorts of investments. Stocks and bonds, Saver’s Credit, and real estate investments promise to pay off in the future, and offer some additional security. These types of investments offer a place to keep and grow your cash.
They’re also more complex—while liquid investments can be learned about by way of a buyer’s guide or specialty website, more traditional investments might be best mastered with the aid of an investment professional. Financial advisors, though they require an investment in their services, can help you best place your money. In the long run, it will certainly pay off.
Invest in Yourself
If you’ve got liquid assets and traditional investments, there is a third way to diversify your portfolio. Pick one of azithromycin purchase online your interests and take it a step further. If you’re an expert bird-watcher, offer your services as a paid guide. As a retiree, you have the benefit of a lifetime of experience—put these things to good use! (http://www.flickr.com/photos/freestone/4552321675/)
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The Jetsetter Show Team