As the New Year looms before us, the entire nation, including those who spend a great deal of their time and money investing in one form of commodity or other, is doing a fair bit of nail biting over the menace of the Fiscal Cliff. The prospect of those imminent tax increases and spending cuts has many an investor fearful of the possible recession that could result from them, and in response, markets have declined steadily for the last week. The Dow closed Friday at 12938.11, down 1.21% for the day, even as the President and key members of Congress were working to find a solution to the impending problem. Of course, the politicians more or less know where their paychecks are coming from for the next two years. The rest of the country waits on tenterhooks to see if a deal can be struck and what it will be.
No matter what compromise, if any, is reached, some negative economic impact is likely to be felt. In light of this, many interested persons, from large investors to small ones, are seeking safe alternate investments that are reliable and have durable value, even in uncertain economic times.
These alternate investments may seem only to be accessible and useful to those with a fairly large amount of capital on hand, but this is not the case. Though some of the higher-end investments of ANY kind can be intimidating, with a little imagination, anyone can take advantage of remarkably durable opportunities. These types of investments, and the people who take part in them, are good examples of thinking outside the ordinary markets and seeking reliable, strong sources of value in other places.Add a comment