By Matthew Carr Most novice investors focus only on stocks, stocks and more stocks.
But there are actually five principal types of long-term investments: stocks, bonds, real estate, precious metals and the catchall, cash.
Every investor’s needs are different. So there’s no perfect mix everyone should subscribe to. But we do have standards to help us get started.
For example, investors looking forward five to 10 years or more should consider something along the lines of…
60% stocks
20% bonds
10% cash/Treasurys
5% precious metals
5% real estate.
Each investor will have their personal tweaks and touches, accounting for their risk tolerance and needs.
But the most important takeaway here is that diversification …read more
