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Where are the wealthiest people putting their money right now?And should you follow suit?
Heres what you should probably know.
Nearly that number is expected to invest incommercial real estate, which is rebounding after a slow 2023.
Bonds
Bonds are kind of the unsung heroes of investing.
They lack the excitement of stocks, the appeal of mutual funds and the intrigue of alternatives.
They provide a predictable return on your investment.
Cash
When inflation is high and interest rates are low, cash is a poor investment.
You losereal purchasing powerin this scenario, since interest isnt keeping up with purchasing power.
As interest rates rise and inflation declines, cash becomes a lot more attractive.
Higher interest rates and the potential for increased volatility were cited as the driving factors for this shift.
Your investment portfolio may not qualify you as a member of the 1% at least not yet.
But that doesnt mean you cant follow their investment strategies and improve your chances of getting there someday.
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