The 5 Best Investments for Men
Are you finally putting aside some money for your future? Don’t make the mistake of letting your funds sit in a bank account while they dwindle down to nothing because of inflation. Consider these five ideas for young male investors.
1. Web Design
This could mean anything from investing in promising web companies, to buying a web education yourself. In the coming years, web advertising and website design will continue to grow. Even companies that cannot afford traditional advertising are still devoting time to local online advertising and niche advertising. The more you learn about web technology, the more you can grab of that lucrative market.
2. Real Estate
Everyone knows that the real estate industry is suffering from the recession. However, some properties can be prime (and low cost) when a recession is at its lowest. Don’t worry about appreciation for the time being. Buy property with a mind to cash flow. This is easy to track. Even if you can’t make a business on your own, owning the property provides tremendous opportunity for rental cash flow.
3. Gold and Silver
Devote about 10% of your total assets to precious metals. The world’s supply of precious metals is dwindling. For that reason alone, the price of gold and silver is predicted to increase. Investing in gold and silver coinage (or bars) also protects your money from inflation and currency drop out.
4. Sin Stocks
If you want to play the stock market then play it safe by playing it naughty. In times of recession, people will turn to “vice.” Entertainment, alcohol and cigarettes stocks go up in recessionary times. It’s no coincidence that websites like Netflix, Amazon and even vacation websites are holding their own in a troubled economy.
5. Life Insurance and Life
Bet on your life and on a solid life insurance policy. Invest in good health (higher quality foods and vitamins) and this will in turn help you to find cheaper health insurance and life insurance policies. Even in an economic crisis, you can be happy and fit.
Think about the future and start investing money wisely!
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