I need to find a better place for money than my mattress.
October 1, 2011 11:08 PM Subscribe
What's the best place for an American to invest around US$50,000 at this time?
posted by 5ean to Work & Money (34 answers total) 11 users marked this as a favorite
Right now I'm just thinking about finding 10 or so companies that sell consumer goods people will buy as long as money is worth anything (like Coke or Pepsi, McDonalds, Johnson & Johnson, etc), keeping an eye out for a low price-to-earnings ratio and a good dividend history. If it's a good strategy, I'll stick with it. I have a young family, 20+ years til retirement, an emergency fund beyond the sum in question, and neither debts nor a mortgage. I'd characterize myself as very lazy, somewhat risk-tolerant, and someone who expects to see inflation in coming years.
Thanks for any tips!