So buy precious metals.
Right now we have a literally golden opportunity where the safest asset class (precious metals) is also the one that will grow most in buying power - at least until 1 oz of Gold = the DOW, and probably until 0.5 oz of Gold = the DOW.
Government bonds, banks, and green energy, if the politicians are honorable. Gold, silver and other commodities if they are dirty rotten scoundrels. You decide.
this poor kid needs to be told it’s OK to sit out this market in cash and read read read before doing anything
Wall Street has no rationality and will gobble up her hard earned savings faster than a trip to Best Buy
However she might choose a collectible that interests her and start small- buying Morgan dollars or French gold francs or US Mint proofs, for example
I have an ex-wife, therefore thanks to government “guidelines” I’m broke..... barf
I have found this website to be a very useful source of information on the economy, gold, and silver.
http://goldismoney.info/forums/
if she doesn’t wish to lose money, she should invest in nickels. Currently they are worth 6 cents each just for the base metal components. Currency debasement will come sooner or later just as it did in the past with silver coinage in 1964 and the copper penny in 1982. When that happens, all you need to do is wait for inflation to increase and your now collectible nickels will be worth much more than you paid for them. Currently, a pre-1964 dime is worth $2.94. A pre-1964 quarter is worth $7.35. Not bad for an original investment of 10 cents and 25 cents respectively. Considering the girl in the article will retire in 40 years or so if she’s lucky, her $5,000 in nickels will be worth a mint! The worst her investment will do is maintain its value.
So long as the government has mandated the excessive high cost of hiring a worker, don't look for companies to hire any more people than they absolutely have to have to survive.
You want to see hiring soar rather than sore? Repeal 0bama Care.
Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)
Invest in MRE.