[quote=scaredycat]im not sure how “investment” is defined, but all i want is to preserve some value out of the something of value i’ve managed to save. I could “invest” it in thebank, or in stoks, or in “value” stocks, ot gold, or oil, or whatever i think is most liekly to retain that “value’. I tend to think the best way to preserve value is gold, silver and oil. held for 10, 20, 30, 100 years, gold and silver will definitely hold value. oil, probably. most stocks will be gone. if indeed there is still an exchange.[/quote]
Scaredy: If you want to view this objectively, look at the gold market from about 1981 to present. Gold and silver are NOT possessed of any intrinsic value. Oil certainly isn’t, especially since it’s a commodity.
Limiting your investment horizon to stocks or commodities only ignores entire markets and completely passes over bonds. The stock market, by and large, is a sucker play and watching the gyrations as of late should make that obvious.
There are some excellent investment primers out there, including many with an eye on bonds (I need to be slightly careful discussing bonds, given the Chrysler debacle).
