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Where do you put your money?

 
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dal

posts: 18

Nov 26, 2009 11:27 AM ET    Quote  Report Abuse
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As boomers, many of us have accumulated some cash along the way. In these days of uncertainty and low interest rate returns, where are you putting your cash?



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MMTProfile

posts: 130

Feb 07, 2012 3:16 PM ET    Quote  Report Abuse
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I am not a boomer but I was a financial consultant for a year (read: mutual fund salesman).  I worked with a lot of boomer and I had to sell to them as well.  I honestly didn't meet many who had much money... In fact, it bothered me that most people didn't have the habit of managing money. 

Anyway, I saw a lot of people lose most of their money and most hasn't come back yet.  My parents as well. 

 

After seeing this, I don't put money into anything that I cannot control any more and don't understand.  I put money into online businesses, real estate and precious metals. 

 



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trapweed

posts: 18

Mar 30, 2012 10:26 PM ET    Quote  Report Abuse
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Day care centers are a great investment.  No matter what life brings, people keep on having babies!

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