With the stock market doing a roller coaster ride and real estate not yet recovered, where do you put your money as an investment? I have heard everything from loose diamonds, bars of gold to green technology.In reality, my personal opinion is that real estate is still a good investment provided you don't have a loan on the property. Buying rentals makes for a good steady income, again...only if you don't have any loans on the property. People got carried away when those who could not afford to invest in real estate started to get involved in real estate investments. No doubt on the advice of some marketing gurus selling their books on infomercials.
Another thing to do to invest your money is to pay off any of your debts. That also means your home. The less you have to pay out in interest rates the more money in your bank account. If you have borrowed on a life insurance policy then pay it back too. Those life insurance policies that you can borrow from usually have a higher interest rate then regular bank term accounts so it is like paying yourself back.
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