At this juncture, cash is really king. Investments should be as liquid as possible. What would it be? I don’t know it myself. Time deposits? Yes you don’t make much from it at all but I suppose it’s one place for you to earn some small returns while you wait and see what goes on in the market and what would be a potentially good investment.
A lof of banks are doing promotions for short term cash placements, offering up to 3.8% interest for 3 months. Seeing that inflation rate is between 4% to 5%, we aren’t exactly making enough. But it’s better than money sitting in the current or savings account earning next to nothing.
If you are a brave soul, then you may be viewing this period in time as an opportunity as many stocks are bound to go “on sale”. In fact, some of them already are. How about commodities? I like this asset class but I have no idea how to get into it without it costing me too much. I’m not a sophisticated investor, so I need easy access at affordable rates. Any plans, anyone?
