ASK THE EXPERTS
George Muñoz
Principal at Muñoz Group in Arlington, Va.
|
TOOLBOX
   Resize
COMMENT
 Discussion Policy
 CLOSE
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
Who's Blogging  |
If I don't want to be in stocks right now, what should I do with my investment money?
In recessionary times, you want to protect your investment from erosion. If the stock market is not an option, try the following:
· Pay off your debts, including mortgages and home-equity lines of credit. By reducing mortgages and home-equity lines, you are protecting your line of credit for emergencies when no other credit is available.
· Put some money in TIPS, Treasury Inflation-Protected Securities, which automatically adjust to cover inflation risks.
· Invest in yourself. Consider taking courses that will certify you as a specialist or help license you in a profession with better wages.
· For the more daring, invest in tourist properties in Central America and the Caribbean while that real estate plummets over the next year or so as the U.S. economy slumps and airfares rise. When things turn around, the Caribbean will again become a major destination.
