The “in” thing to invest now is 1) bonds 2) gold 3) US distressed real estate. Many seminars have sprung up touting gold, bond and USA distressed real estate as safe or alternative investments. These alternative investments seemed to me like the DBS bank “Minibonds” which was highly touted to conservative investors 6 years ago. I find it strange that people prefer to buy something new like gold after losing money in stocks. Perhaps it is a case of the grass is greener on the other side.
These are exactly the investments I m wary investing right now when it is touted highly to the retail investors. Maybe the bubble will go on for a year or two before bursting. But I prefer to buy something of value. Patience is the key here. Let us monitor the situation and await our opportunities.
