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Message
re: Best Investment for 12 Month Period
Posted on 3/27/13 at 12:49 pm to LSUTOM07
Posted on 3/27/13 at 12:49 pm to LSUTOM07
quote:
The market can go down at any time. (bull/bear market) It may look like the top now but we could also be just getting started. I feel like if you play this game you will miss out on many good opportunities to ride the wave up
I completely agree, long-term, but he's talking like he's buying for a year. The default would a jumbo CD, and he was asking for alternatives, right? The next option would be a mutual fund, but it would be subject to the same risks of a general market downturn over a 12-month period.
I was answering the specific question asked. At what appears to be the top of the market right now, I would not suggest someone buy equities for a 12-month return, period.
2
Posted on 3/27/13 at 12:58 pm to Ace Midnight
Thanks guys, appreciate all the advice. Just trying to take it all in. Ace, you've been most helpful man, thanks a lot.
Posted on 3/27/13 at 1:05 pm to Ace Midnight
quote:
Ace Midnight
I agree with you On this. I should have focused on his specific question
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