Buy well priced stocks. I reinvest everything into our company now, but before I tucked it away in solid or surely growing companies like Berkshire Hathaway and Apple. Look for sub 15 P/E, preferably much lower and choose companies that you can be sure will be around for a long time. If you can foresee their profit doubling in the near term (like Apple in the past 5ish years) you its still a good deal at a higher valuation.
Don't fuck with currencies or commodities unless you have a you have a competitive advantage over everyone else (like if George Soros was managing your macro currency bets).
Personally, I'd rather have a lot of cash on hand or in something very liquid like stocks, as oppose to CD's or bonds, because not only do they pay almost no interest right now, but investment opportunities can come in the blink of an eye.
Edit: I would recommend staying away from tax free municipal bonds, there is going to be a wave of defaults coming with all these over-leveraged cities and local governments.
Comments
Buy well priced stocks. I reinvest everything into our company now, but before I tucked it away in solid or surely growing companies like Berkshire Hathaway and Apple. Look for sub 15 P/E, preferably much lower and choose companies that you can be sure will be around for a long time. If you can foresee their profit doubling in the near term (like Apple in the past 5ish years) you its still a good deal at a higher valuation.
Don't fuck with currencies or commodities unless you have a you have a competitive advantage over everyone else (like if George Soros was managing your macro currency bets).
Personally, I'd rather have a lot of cash on hand or in something very liquid like stocks, as oppose to CD's or bonds, because not only do they pay almost no interest right now, but investment opportunities can come in the blink of an eye.
Edit: I would recommend staying away from tax free municipal bonds, there is going to be a wave of defaults coming with all these over-leveraged cities and local governments.