Just as your status says, wealth is rarely an accident. Capital preservation and not interest is the more important consideration when choosing among investment vehicles at your age. Not saying not to risk at all. You could, if you know what you are doing. But if we put your age in the equation, safeguarding your 300K becomes all the more critical. At you age (and at this time when uncertainty predeominates) if you would like to take a risk, risk a little.
1. Avoid high risk ventures like the forex and stock markets (and those investment products that are derived from them like hedge funds, mutual funds and UITFS).
2. Money market and bonds are relatively low risk, but offer less returns than the former. But based on personal experience, revenues from these products almost equal that of regular TDs.
3. Definitely, you should now be looking into deals that are insured by the government or insurance companies, like T-bills, lifeinsurance/healthinsurance/pension, time deposits and similar instruments.
Nothing against PMters or other people for that matter who offer, for a lack of appropriate term, “casual” money contracts. I believe that these arrangements pose the same threat as the riskiest of investment products. I don’t think, these would suit you either.
Anyway, this is just my opinion. Invest but don’t lose money.
1. Avoid high risk ventures like the forex and stock markets (and those investment products that are derived from them like hedge funds, mutual funds and UITFS).
2. Money market and bonds are relatively low risk, but offer less returns than the former. But based on personal experience, revenues from these products almost equal that of regular TDs.
3. Definitely, you should now be looking into deals that are insured by the government or insurance companies, like T-bills, lifeinsurance/healthinsurance/pension, time deposits and similar instruments.
Nothing against PMters or other people for that matter who offer, for a lack of appropriate term, “casual” money contracts. I believe that these arrangements pose the same threat as the riskiest of investment products. I don’t think, these would suit you either.
Anyway, this is just my opinion. Invest but don’t lose money.
