Ok, so I understand that some examples of liquid assets are stocks, bonds, gold coins, treasury bills, etc. I have been looking into all of the different ways to invest money for the future and there is so much out there that my head is starting to spin. A good friend of mine has mentioned many times that liquid assets are the best to have. I have done a little research and found some good info, but most of it just isn't enough for me or just doesn't make sense. I'm just curious as to all the pros and cons of the different types of liquid assets so I can move forward and hopefully invest in some things. Thanks wf :thumbsup:
Let's talk about liquid assets
- Thread starter mpbiz
- Start date
The pros and cons depend on what your investment goals are. Long term, tax deferred earnings as much as possible? Short term gains? Do you want to buy securities and not have to think about it much? Or do you want to day trade? Inflationary hedges?
Around here that's not the only thing that's gonna spin!
Around here that's not the only thing that's gonna spin!
NickRac
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In terms of liquid financial assets, you may also want to think about foreign currencies - not trading them, but rather holding some portion of your liquid assets in foreign-denominated currency.
In terms of returns, if you have profitable PPC campaigns that can be scaled, this is likely one of the best ROIs you will find.
In terms of returns, if you have profitable PPC campaigns that can be scaled, this is likely one of the best ROIs you will find.
Protip: don't listen to your friend, or WF, when it comes to your money.
Investing your money needs to be treated as you treat your career (which I assume is IM). That means researching for yourself, understanding what markets you're entering into, and gaining good, old experience.
It'll pay you off higher returns than any PPC campaign, stock broker, or Wickedfire hot stock tip.
Go get some classic investing books and take a day to figure out if liquid assets are really what you want to get into and if so what type, etc.
Investing your money needs to be treated as you treat your career (which I assume is IM). That means researching for yourself, understanding what markets you're entering into, and gaining good, old experience.
It'll pay you off higher returns than any PPC campaign, stock broker, or Wickedfire hot stock tip.
Go get some classic investing books and take a day to figure out if liquid assets are really what you want to get into and if so what type, etc.
lol that angry wolf wrapped in a neon background and funny one liners never gets old
MEMEGEN FTW
MEMEGEN FTW
Euro is super cheap right now... I'm not sure if it's worth the gamble now.
Thoughts?
Thanks for the solid advice. I'll have to check out amazon tomorrow for some good investing books. Any you can recommend as must reads ftc?