Posted: 2/7/2007 11:07:41 PM EDT
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OK, here's the deal... I've just received a fairly large chunk of money from my Mother, the majority of which she intended to go towards my kids' college education. My question is, apart from CD's and the like, does anyone have any advice to offer on low risk, long term (10 - 12 years) investments? I know I'm not going to make huge amounts of money on the "safe" investments, but I'd like to get a decent return. ...and opening an inflatable sheep mega store in the LCR is not an option. 
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Some people suggest gold, I think bigscrun is into that, others suggest index funds if you believe that the country will continue to thrive for the next couple of decades. Your best bet is to go talk to a financial advisor, they can let you know your options. If it is going for college funds there may be better options with some of the WA State's incentives to save for school. |
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check out the GET program. You buy college credits at todays rate instead of whatever the hell they are going to cost in 10-12 years. www.get.wa.gov |
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Thanks for the replies... I'm a little leery of financial advisors. Before I married my Wife, she had some money to invest and went to one. Long story short: what he showed her, and what he sold her were 2 different things. She lost about $18,000. I asked here because I knew you guys would have some ideas I either hadn't thought of, or didn't know of. I'd considered real estate, but 50k doesn't buy much around here. And yes, a few guns are a part of my investment scheme 
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I fall into that camp....my purchases of a few months ago are already up about $100/oz. and we're nowhere close to historical highs. China continuing to dump dollars and at the same time buying gold is a huge factor in my decision. Add to that, the tax implications (or lack thereof if done right) and its a no-brainer. I own real estate, stocks and stock funds but my gold is going to outperform all other investments hands down for the foreseeable future. |
| IM me. I'll point you to some ETF's I have that have done pretty well over the last few years. You can build a blended portfolio of ETFs (similar diversification as mutual funds) of precious metals, real estate, blue chip, dividend, emerging markets. I did almost 20 percent last year and am up about 3.5 percent in January alone. |
