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[quote=Anonymous]My brother is a retired investment banker. He put a bit in laddered CD's for the first time ever. It's a complete 180 from his usual investment strategy of mostly securities. He said that they don't need to earn more right now, but they can't afford to lose it.

My advisor suggests real estate investments right now, provided that we can afford to hold it for a while. The value comes back eventually if you're not forced to sell during a downturn, and at least you won't lose the whole investment. We're looking into buying a beach rental right now.

Businesses are having a hard time right now due to higher lending costs (still not "high" but higher than what they were), higher operational costs due to inflation, and lowered consumer confidence. We should expect to see many businesses go under.

For these reasons, we're looking to diversify more although we'll keep the bulk in securities. So we're reducing the percentage in securities, buying an investment property in a beach area with high weekly rental rates and low property taxes, and moving some more into laddered CD's. Although not as much into CD's as my brother is because we're at a different stage of life.

Just one perspective, I hope this helps.[/quote]

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