Long before 2008 drew to a close, people have started writing off 2009 with words such as “worse than 2008”, “depressing”, “bumpy ride” etc.
Is it then still possible to get out of 2009 with a good investment return or is that out of the question and should we all just try to make as little mistake as possible and aim for a boring year of preserving gains?
Specifically, if you are a 20 to 30-something singleton, what do you plan to do this year about your investments? The conventional wisdom for this age group is not to be afraid to take on some risks because there’s plenty of time to recover, but then again, a few are beginning to think about quite the opposite: why take on risks when you have plenty of time to grow your money?
If you’re a 30 to 40-something with a family to take care of, how do you intend to take care of your funds this year? If you have been investing in mutual funds for the last 10 years and were counting on returns in 2008 or 2009 to fund a child’s education, that’s a major headache.
If you’re in the home stretch at 50 to 60-something, how are you planning to cope in a depressing year? I can’t even begin to imagine how it must be for you.
In general, do you think the death of stocks and financial markets are written in the stars, or do you think this market still have legs to run? What’s your investment strategy for 2009?
26 Responses to “SURVEY: Investment strategy for 2009”
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Pages: « 6 5 [4] 3 2 1 » Show All
January 8th, 2009 at 10:01 pm
I am in my late twenties and when I saw the stock market went down to more than 40 % of its value I aggressively invested a significant amount of portfolio to depressed values of stocks. I believe in 2 years time earnings will bounce back and stocks will rebound, who knows with the same boom as year 2006
January 8th, 2009 at 7:29 pm
The best way for 2009 is TO KEEP SAVING your money as possible. DONT take RISK.. but its your choice in the end.. FOR me, World crisis is not yet stable. everything is still at risk, big risk.. If have extra funds, you can use it into food business, especially in agri business sectors.. and probably in oil stocks..
January 8th, 2009 at 4:09 pm
I’ve just migrated to another country and my family will soon follow. Being new to the place, I first needed to invest time in finding the highest yielding savings account before venturing into more speculative vehicles. Starting a new life in another country has temporarily lowered my tolerance for risk.
After gaining a better understanding of the options available, I intend to invest funds in equity funds to take advantage of the ongoing recession which is estimated to be only halfway through.
January 8th, 2009 at 4:07 pm
I’m in the 30+-something category. Married.
Here are my investment strategies for ‘09:
1) Invest in a house to save on rising rent.
2) Stay invested in MFs.
3) Keep investing in SDA.
4) Stay tuned in to Money Smarts :). Learning more is always a good strategy.
January 8th, 2009 at 4:02 pm
my current investments are in real estate (a condo and a lot in Malolos)…after finishing payment i will focus on other things
i intend to open a dollar time deposit for my blog earnings and shopping for the best rates out there. Also open to LTNCDs once i get advance notice from my bank insider contacts…
lastly, i’m studying a business i have in mind for quite some time…will pursue it this year