Just again, makes me wonder, what is an average upper middle class investor to do? Invest bigger amounts in gold? Invest in real estate more? Do the flipping houses thing? Invest in energy stocks such as Exxon-Mobil? Invest in major retailers such as Wal-Mart? Just invest in stock market index funds? Buy more government bonds? Buy bank CDs, even though they pay next to no interest nowadays, because your principal is safe?
I dislike internet advice. I rarely indulge. Forgive me for being obvious.
Pay off debt,
Raise cash until you have enough to make it through three months of cr*p, at least,
Once debt free, get good quality investments - blue chip stocks, good rental properties and the like,
Pay cash.
Moving on now.....
Not recommended. Commodities may be at the start of a major downtrend.
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