The market has taken a tumble here and there but not a true correction lately. As for a 'good investment', if you are talking safety, without risk, there is no such investment. I am no expert but I would recommend dividend stocks, diversify, hold some physical gold and silver, have some cash, purchase actual real estate if you can afford to, and hold very little debt.
I can remember back in the early '80's interest rates were sky high and you could purchase a CD and get a good interest rate, but also consider at that time there were balloon mortgages because interest rates were so high and few could afford to purchase a home. I bought my first car at that time. Even though I had over 50% to put down my Dad still had to co-sign for me and my car loan had an interest rate over 21%.
I'm not so worried about things should Trump get re-elected. I do see a huge market tumble when the DEMS take over and we'll see a Carter economy like I described in the early '80's.
As an experienced seasoned investor, I can say that the best course of action is to conduct a risk/reward analysis of all investments versus return. Spread the portfolio over a diverse area, and adjust to market condtions.
When asked I share....
* One very good rule of thumb that my father shared is that 100- Age = Percentage of your portfolio in equities.
* Another one of my favorite strategies is also to buy tax free muni's on short term rate bumps.
* You also got to obsess with tracking and adjusting. Since 1993, I have average an annual Net Worth increase of 13.34%
* Treat every dollar you own as it being competitively bid for when spending. Meaning getting upmost value for every penny.
* After every major correction, I go bargain hunting. My own system is ratio P/E Ratios and dividend yield. When comparing a group for investing, take the lowest PE's and divide by Divy. I typically will go with the highest number.
* I often will invest in companies of products that I like, and seem to have a long term strategy for sustainability
* Don't Day Trade. Timing Short Term market trends are like throwing dice. I have yet to meet anyone with that strategy who has matched my results.
* Outside a few exceptions (AAPL, MSFT), I avoid Tech stocks like the plague. If I was younger, I may be more adventurous. Just too much down side risk for equities that don't have profits to meet the inflated market cap. This strategy served me well in '00 crash. I had zero in dot coms.
I do want to reinterate that investing is with risk. Along with some Home Runs, I have hit some duds in the past. (Check what has happened to Chicago Bridge, and Iron in the past 5 years). Please do your homework, and know the risks.
