Hey guys, any solid investments just now, ive got abit of money 6 figures that i could invest in something without much or any risk if possible. theirs so many companies out their, that ive researched from google, but its hard to know who are legit.
In the increasing order of risk: Government bonds Blue chip stocks Web sites earning revenue Penny stocks
That is absolutely horrible advice. He asked for "something without much or any risk if possible". Your suggestion could not have been much further from his request on the degree of risk desired. I have to ask jinnah, what made you think you were qualified to give advice on investments? Tom
If you are talking about buying stocks then I wouldn't consider that minimal risk unless you plan to doing a fair amount of diversification. If you want minimal risk then grade A bonds and conservative mutual funds are some options. For no risk there's treasuries and CD's. But given the record low interest rates the roi is extremely low.
Consider investing in gold and other precious metals. Or you can invest in gold miners. There is always a risk precious metal prices might go down a little, but in the long run they are only going up. The US dollar is becoming worthless. The Fed is creating money out of thin air, hence increasing the money supply meaning your hard earned dollars are become worth less each day (inflation). The US government is spending the money it doesn't have and has no plans to stop, so they borrow big from overseas lenders. Central banks around the world are looking at increasing their holdings of precious metals as part of their reserves. The Indian central bank recently bought 200 tonnes of gold from the IMF. And this large sale sent the price of gold higher (over 2% in just three hours)! India is interested in buying more gold, as well as Sri Lanka, Brazil and Russia. And of course there is China. China's gold holdings make up some 1-2% of its foreign reserves (which are over the 2 trillion dollar mark)! In comparison gold's share of US foreign reserves is over 75%, for Germany and France its over 72%. What happens when China (and other large holders of US dollars like Japan, Russia) starts buying gold, and dumping it's US dollar based holdings? The gold price is only going to sky rocket. Gold constantly buys the same basket of goods, and has performed extremely well this century. Up almost 400% since the year 2000, while the NYSE today is some 10% below its 2000 high. The UK's royal mint quadrupled the production of gold coins in the third quarter. The sale of American Eagle gold coins in the US doubled in the first 9months of this year.