Feb 24 2009
Five Tips for Boomer Investing
With the economy diving into what seems an ever-deepening downward spiral, the midlife investor is faced with more questions than answers.
Like most of my midlife friends, I’ve watched my hard-earned money invested in the stock market melt away before my eyes. Down 30 – 40 – now 50%!!!
If I were 25 I wouldn’t be so concerned. Lots of time for the market to get bullish again when you are only 25. But as a midlifer, time is not so long-term and it’s likely the market will never give back what its taken away in the time I have left before my retirement. In fact, at this point retirement itself is a big question mark.
So what is a midlifer to do. In what should I invest to make my money grow faster, stronger?
This week midlifejourney.com is offering our top five tips for midlife investing.
Here is number one:
#1. Go Green! - Despite the economic downturn, the U.S. of A. is a country filled with creativity, entrepreneurship and innovation. The government finally recognizes the need to fight global warming and supporting the use of alternative fuels is the way to go. Money is finally being focused on the development of new ways of creating the energy our economy needs to grow.
Green investments are going to blossom and gain market share. The future is bright and your money will certainly grow as the green industry flourishes. And now, when the market is low is the time to buy.
First tip of four for midlife investing: GO GREEN!!!
. . . . . .
Review all the Investment Tips for Boomers in this series:
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