There are different types of investments, you can invest your money in business and enterprises, in a real estate, bonds, mutual funds and in the stock market. I prefer to invest my money with different vehicles for diversification and asset allocation purposes. I may invest my money depending on my age and my capability to generate more income.
Best Investment Vehicles for Retirement: Use Asset Allocation Strategies
Example, as of now I am 20 years old. I will distribute my investment funds 70% high risk and 20% medium risk and 10% low risk. When I reach 30 years old, I will make it 60% for high risk, 20% for both low risk and medium risk investments.
Some investor may focus on investing in stocks or just choose a one investment vehicle and put all their funds. That’s not a good idea. Just in case when the stock market crash, at least you have funds in bonds and you have real estate properties to cover your losses due to stock market investing.
It’s your turn. Tell us your opinion about this page. Please join the discussion. Leave a comment and tell the readers what is the best investment vehicles for retirement and which one do you prefer. Thank you for reading!