Where are you investing now — given the debt deal?

Where do you put your money now?

World stock markets jumped Monday after President Barack Obama announced a last-minute agreement to raise the government’s debt limit and avoid a default, Associated Press writes.

Recently, stocks have tanked because of the uncertainty of whether a deal would be reached.

Even though the compromise was broadly hailed for coming up with a long-term game plan, many economists think it will weaken the already weak economy in the short-term as government spending retreats.

So where are you putting your money?

In stocks, because corporate profits are increasing substantially?

In bonds, because inflation is not likely to raise its ugly head since the economy is struggling?

Diversifying with both, as well as through domestic and international offerings?

What’s your strategy?

(Also, Financial Planner Wes Moss offers his perspective on the Atlanta Bargain Hunter blog.)

- Henry Unger, The Biz Beat

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17 comments Add your comment

Obama

August 1st, 2011
6:44 am

Once again, I have saved the day.

Hope and change for America!

Immediate trickle down

August 1st, 2011
6:46 am

On average, the wealthy are the only ones who’ve substantially increased their incomes over the past few years. I tend not to move my money, but if I were a betting man, I’d put the money into items that rich people consume.

However, sinking ships eventually drown all aboard (Titanic).

How is it that the wealthiest 400 Americans holds more assets than the bottom half of Americans. I couldn’tt hardly believe that statistic so I looked it up.

http://www.politifact.com/wisconsin/statements/2011/mar/10/michael-moore/michael-moore-says-400-americans-have-more-wealth-/

Immediate trickle down

August 1st, 2011
6:54 am

oops, actually almost 1/3 of the people aboard the Titanic survived. So that’s good news for our economy. It might shrink a bit, but companies that cater to the wealthy like Teavana and Apple and many stores at Phipps Plaza will probably survive.

Spirit

August 1st, 2011
7:30 am

Diversified with an increase in types of investments:preferreds, convertibles, emerging markets, dividend paying (foreign + US), REITs (foreign + US), foreign bonds in local currency,mix of US bonds (munis, TIPs, corporates, multi-sector, build america) and sector focus with ETFs. Shorter durations on bonds.

Numbe3rs

August 1st, 2011
8:24 am

If you can’t afford to lose a minimum of 10%, then you’ve got no business in the markets right now.

MrLiberty

August 1st, 2011
8:36 am

What deal? I haven’t seen a vote yet that passes in both the House and Senate. The terms of the “deal” sound horrible and I can imagine more than a few dozen folks in each house being against it. Probably enough to cause it to fail.

What to invest in? Gold and silver of course. The debt isn’t going down, the printing presses are running at full speed, the europeans will be doing the same for the Euro and the whole house of cards is going to collapse – likely sooner than later.

Add to that list food, ammo, guns, land in a foreign country (just in case), farm land in this country (just in case) and some good books on Austrian economics so you will have a clear understanding of why the system is collapsing, how the government is causing it, and how we could have fixed the problem if everyone didn’t believe the lies that we could live and proper without savings.

Destin Dawg

August 1st, 2011
8:41 am

what Spirit said with one caveate… more commodities, gold, silver, oil, agricultural, and less bonds…

Destin Dawg

August 1st, 2011
8:47 am

Immediate Trickle Down… if you’re on the Titanic… take Personal Resposibility prepare… learn to swim… get near a life boat… or in a free economy….. take charge… 2 jobs.. or start a business…. you can do… be rich.. it’s a free economy !!! what are you waiting for ????

N

August 1st, 2011
9:01 am

Markets tanked?? Really. What markets? Last I checked we are still above 12,000. Not bad considering we hit 6,700 in 2008/2009. I do not think losing 300 points is tanking.

Funny how no one talks about their time frame when these stories about investing come out…if you have a 10+ year horizon then does it really matter that much?

Call Me

August 1st, 2011
9:43 am

Deep in the money call options—blue chips.

[...] Also: Want to talk even more about investing? Check out the Biz Beat blog. [...]

sdc

August 1st, 2011
11:09 am

Gold and Silver!!!

Lashawndra

August 1st, 2011
12:57 pm

Cat food. Lots of cat food. I can survive running out of most other items, but the last thing I want is a house full of starving cats viewing me as their backup food source.

Tyler Durden

August 1st, 2011
5:07 pm

Reminds me of “Trading Places”…buy porkbellies!

Road Scholar

August 1st, 2011
5:48 pm

Tyler: and orange futures!

Wait until the voting is over. They should check all accounts of the Senate and House members to see if they are trying to benefit from the “arguing”.

Yeah, the market is above 12000, but where were you when it was dropping waiting on a deal?

Logic

August 1st, 2011
5:56 pm

Whole Life Insurance – you should try it, you’ll like it.

Jon

August 2nd, 2011
7:46 pm

gold, silver and canned goods. Tangible commodities increase in value during a depression or a currency devaluation. Think about all the things you need to live at a comfortable level and invest in a supply of those things.