I got a call from my broker this morning. He wanted to buy some stocks because the market is down. I told him not to… Even a small amount.
I would love to get some better returns than the money market, treasury bills, and California municipals bonds we are buying, but even though he wants to buy A+ stocks (oil drillers, large cap anti-inflation types), I am still skeptical.
I just came into a large chunk of cash and would like to get it working for me, not just sitting on the sidelines. Should I buy a couple of spec houses in Carmel Valley?