Investing 101
The best investment is real estate. If you’re of strong enough character and constitution to be a landlord, then rentals are a great choice. Land is the best long term investment. Just buy something along a major corridor and presto, thirty to forty years later you’re in fat city.
Stocks are a different story. Follow the money and put your money there. But where is there or better put, follow what money? Governments are the biggest spenders of money. Watch what they do and invest accordingly. As an example, in 1999 Gordon Brown sold half of England’s gold. Obviously, England had an idiot as their Chancellor of Exchequer. This provided a great opportunity for people who wanted to invest in gold. That much of anything dumped on the market drives the price down, which also made the half he sold worth less.
Politicians aren’t necessarily money smart and being put in charge of big gobs of it tends to make them think they are actually capable of making good decisions with it.
I invested in palladium a couple years ago. I bought for $48 or so a share. Palladium is used in car emissions and hence, if car sales are good, so is the demand for palladium. However, the Russian collusion witch hunt provided one of those special opportunities to invest in something the government is screwing with.
It just so happens the largest suppliers of palladium in the world are South Africa and you guessed it-Russia. My stock is presently sitting at %136 a share. Not bad for just paying attention to what the idiots in Washington are doing. This is the very best way to invest in stocks; make note of which companies or resources the government is promoting or hampering and invest accordingly.