Khan88 replied on Friday, November 30, 2018 10:34 PM PST
@Thinker:
Very well written response.
@Rao Asif:
There are various options:
Global stocks/property are not recommended as they are over-valued. FTSE100, DowJones, NASDAQ have all come down this year and there is more corrections to go. Real Estate bubble exists globally e.g. London, Sydney, Vancouver and prices have started deflating there as well. Bitcoin e.g. is now trading at less than $4K, decline from peak of $20K last year.
What Thinker mentioned is a good option but requires reasonable amount of capital plus full dedication from you (time/effort).
Generally in time of distress, gold is the best option to sustain value. Buying dollar is another to preserve buying power (especially if you think Fed is going to increase rates). Another one is investing in Pakistan, depositing money in a Pakistani Bank deposit, a return of 10% is not bad per year return. |