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Tag Archives: peer to peer lending

Options for Diversifying Your Investments

While we are still basking in the possibilities of the new year, I hope you will use 2013 as the year to get serious about investing. Start by studying some basic ways to diversify your money. We all know it isn’t wise to put all of our eggs in one basket. With the ups and downs of the economy over the past several years, we’ve seen how various investments can soar and/or hit rock bottom faster than a Hollywood marriage. It’s almost enough to make you want to hide your money under the mattress, but the wise investor knows that the key to minimizing risk is to be well diversified. Obviously, most people know that you should have a mix of stocks, bonds, and cash to suit your risk tolerance, but what about alternative investments to round out the portfolio? You can check out a certificate of deposit calculator to find out the benefits of other investments. While there are many options, precious metals, real estate and peer to peer lending have been on the radar in recent years. Which, if any, should you choose? Precious Metals A way to diversify is to invest in precious metals like gold and silver. We’ve seen ...

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