What should I invest my money into to prepare for retirement?

Question

What should I invest my money into to prepare for retirement?

Answer 1

Your kids, they'll feel guilty about putting you in a c**p retirement home that way.

OK, seriously; you need to decide for yourself... will fixed-rate bonds and the like suffice? mutual funds? self-managed investment? it all depends on your appetite for risk.

Answer 2

How old are you? When do you plan to retire? What's your tolerance for risk? Do you have a pension? What do you owe on your home? Where do you plan to live? What lifestyle do you plan to maintain? You really need to talk to a financial expert, not ask questions on Yahoo Answers.

Answer 3

The first thing you should do is educate yourself about the facets of the stock market. Once you have done that, you need identify what are your goals for trading. In other words, you need to develop a personal trade plan.

A trade plan defines where you are, where you want to be and how you will get there. The importance of a trade plan is it takes the emotions out of trading. It's a system you develop according to your risk level. You are no longer trying to trade the entire market. Instead you focus on select patterns and indicators to leverage opportunities in the market.

Now, as far as a broker, I would recommend you talk to any and everyone to help you develop your own system. Initially, many traders use stock pick services or brokers. I have no problems with that all, but you need to know what they are trading and why. It's all about making educated decisions.

I joke with my dad now. He's a US Steel retiree. His broker advised him to hold X from over $100 and finally sold @ $27. Now of course US Steel has returned to prominence. What's my point? Nothing wrong with brokers, but you cant count on other people to make decisions for you. You should use them as opinions and let your trade plan tell you if they are aligned with your risk level.

Answer 4

if you can stomach risk, and have a long time until retirement, i would suggest buying some ETFs that track small and micro cap stock indexes.

Historically, these types of companies have yielded the best returns for investors.  If you invest in small cap companies, you can expect to earn about 13% in the long-run.  If you invest in micro caps, you can expect to earn at least 15%.

Answer 5

If you are young then you can afford to take risks, as things will fluctuate but work themselves out at retirement. Invest in stocks or forex, rather than playing it safe and investing in savings bonds. As you get older, start taking a bit less risk, maybe allocate a higher % to low-risk, steady investments the older you get.

http://yarcofin.wordpress.com

Answer 6

A group highly professional traders have been offering our services in the field of management of financial actives in international currency market Forex.   Profitableness from 7%-11% per one month.

HERE ARE SOME LIVE ACCOUNT STATMENT

http://fxcapital.info/

[e-mail]