Alas, it’s 2010. Just two more years and human population will cease to exist, or so as the ancient Mayans predicted. That, however, is nothing but mere myth and speculation, and unless it actually occurs or happens, then there is no reason to believe that “prediction”. There is one thing, however, that you should be concerned about in 2010, your investments.
Let’s see here, the U.S economy is still recovering from the effects of the recession and so as they say. Being the one of the most powerful and successful nations in the world, it drags along other countries along with its misery. It’s like a domino effect, so, it would be safe to say that much of the world is recovering from the effects of the economy, with an exception of some countries (Australia). So, we have a recovering economy, less money and working on a tighter budget. So, basically, where should you invest your money in this new decade?
Dividends Reinvestment Plans or Direct Stock Purchases are one thing to go, especially since they’re relatively cheap and easy to handle. Basically, they are direct purchases of shares of stocks from any company or agents, which means you’ll avoid having to pay stockbrokers. Read more...