Mutual Funds Vs. Stocks Vs. Banking Vs. Gold: Wealth Preservation

Discussion in 'Financial Planning' started by SuperBugMan, Jul 18, 2017.

0/5, 0 votes

  1. SuperBugMan

    SuperBugMan New Member
      3/29

    Blog Posts:
    0
    One of the things that worries me most when saving money is the idea that I could loose it all during a financial crisis.

    I want to be able to grow my funds as they mature, which is what is drawing me towards Vanguard Mutual Funds or Stocks. However I worry this puts me in a very risky position even with stable mutual funds. Hell, I worry about the fiat dollar collapsing in value.

    How are you guys preserving your wealth? I don't have much money, just a few thousand. I'm young though and I want to be comfortable in the future.
     
  2. remnant

    remnant Expert Member
      190/230

    Blog Posts:
    0
    You can't go wrong with mutual funds. They spread their risks by investing in several assets and the average invariably results in an increment in your portfolio in different degrees. Its predictability is what makes me trust the mutual fund account. Of course with predictability comes a lower growth me your investments. I would advice you to invest in all areas if your funds allow including stocks to assure the maximum security.
     
  3. streettallest

    streettallest New Member
      6/29

    Blog Posts:
    0
    I think the best people to approach are those in the financial sector.Although not all of them can give you relliable information on this issue. Apart from seeking advice from financial expert, look for a mentor who is living the kind of life you envisage for yourself in the future.thats how to avoid re inventing the wheel.
     
  4. overcast

    overcast Member
      23/29

    Blog Posts:
    0
    I think learning about mutual funds definitely helps. I have invested into one debt fund and one index fund. I don't have much risk appetite otherwise I'd have invested into equity oriented scheme. I try not to invest into gold and the bank funds. I don't see value in them. I do have some stocks. So that's in my view is a good investment too.
     
Loading...
Similar Threads Forum Date
A West Texas "mutual Aid Group" Going Off The Grid Apr 15, 2020
Some Us Funds Well Spent News, Current Events, and Politics Jun 21, 2020
Congress Funds A Gun Study News, Current Events, and Politics Dec 17, 2019
Disaster Funds For The Rural News, Current Events, and Politics Nov 28, 2019
State Politics Example Re Fed Funds News, Current Events, and Politics Nov 12, 2019
Nyc Saves Funds The Hangout Nov 2, 2019
Bahamian Funds From Pillow Sale News, Current Events, and Politics Sep 4, 2019
Emergency Funds And How To Get Started Financial Planning Jul 2, 2017

Share This Page