Timing is a real problem with that question.
I agree with the previous person who posted that there's no such thing as a passive investment. There are times when the money comes easy, and times when full-time fund managers with lots of experience get creamed. You need a plan, and you need to educate yourself about the defensive side of the game.
If you are going to invest it all at once, buying into an inflated equity bubble isn't very good timing. On the other hand, other investments don't look so good either because of flat rates. That leaves real estate I guess, which isn't really my balliwick. Farmland isn't going to get any cheaper, we can at least make that assumption, and it may hold more of its value when all this debt and leverage blows up and gets unwound. If I were you, I'd read up on REITs. Also, the US is running out of undeveloped coast line. It's pretty much one big traffic jam from Miami up to Maine, and the West Coast isn't much better. I'd imagine Canada has the same issues. I live in Mississippi, and have done some driving between coasts. The stretch between New Orleans to Tallahasse is pretty much undeveloped, and certainly not overbuilt. A lot of this area was wiped out by Katrina in 2005, and is only now getting back to tourism standards. With America getting older and retiring, I have to think investments in this area, an area with very low taxes, would do well over that kind of time line.
The US is busted, and is heading for a currency crisis. Middle class homes are not selling. People are going bankrupt and/or retiring and downsizing. Rental rates are skyrocketing. I can't see this trend changing for a long, long time. I'd focus on investing in rental properties and small starter houses.
In terms of defense, if there's one take away from these rambling, it should be that you can get ripped off in real estate just as easily as in penny stocks so I'd read up on money management and don't put all your eggs in one basket.
I agree with the previous person who posted that there's no such thing as a passive investment. There are times when the money comes easy, and times when full-time fund managers with lots of experience get creamed. You need a plan, and you need to educate yourself about the defensive side of the game.
If you are going to invest it all at once, buying into an inflated equity bubble isn't very good timing. On the other hand, other investments don't look so good either because of flat rates. That leaves real estate I guess, which isn't really my balliwick. Farmland isn't going to get any cheaper, we can at least make that assumption, and it may hold more of its value when all this debt and leverage blows up and gets unwound. If I were you, I'd read up on REITs. Also, the US is running out of undeveloped coast line. It's pretty much one big traffic jam from Miami up to Maine, and the West Coast isn't much better. I'd imagine Canada has the same issues. I live in Mississippi, and have done some driving between coasts. The stretch between New Orleans to Tallahasse is pretty much undeveloped, and certainly not overbuilt. A lot of this area was wiped out by Katrina in 2005, and is only now getting back to tourism standards. With America getting older and retiring, I have to think investments in this area, an area with very low taxes, would do well over that kind of time line.
The US is busted, and is heading for a currency crisis. Middle class homes are not selling. People are going bankrupt and/or retiring and downsizing. Rental rates are skyrocketing. I can't see this trend changing for a long, long time. I'd focus on investing in rental properties and small starter houses.
In terms of defense, if there's one take away from these rambling, it should be that you can get ripped off in real estate just as easily as in penny stocks so I'd read up on money management and don't put all your eggs in one basket.
