Posted by Bradracer18 on December 08, 2012 at 18:30:40 from (173.215.8.237):
In Reply to: O/T Investing opinions posted by 55 50 Ron on December 08, 2012 at 11:25:04:
If you had enough money and could afford a 10 year hold on it, you should probably go with real estate. If not, I'd go with stock market. Have someone invest for you though if not good. I used to put half in a safer (bonds, mutual funds, etc) and the other half in a risky stock market setting. So far they have both made money (in last 5 years, but the stock market one has done the best long term). It has also had periods where I've wanted to pull my money but I didn't, it came back and then some.
You need to talk to people who do this, the rich right now are borrowing money from the bank on cheap interest rates (say 3-5%) and reinvesting and making a return of 10-15%. Making money on money. However, it takes connections, experience and money to do this.
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