What is the best investment for old age
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For old age retirement plan, there are standard long-term bonds you can buy and hold to maturity between 10-30 years time. At maturity, you get back your principal sum with the stipulated amount of interest. * It is imperative to know that bonds issued by the government are safer because the governmRead more
For old age retirement plan, there are standard long-term bonds you can buy and hold to maturity between 10-30 years time. At maturity, you get back your principal sum with the stipulated amount of interest.
* It is imperative to know that bonds issued by the government are safer because the government can pay back through government revenues but bonds issued by corporations come with some risks, most especially when the company is in financial crisis, getting back your principal sum and interest may become an issue of litigation.
* Another old age retirement plan is the “Real Estate” sector.
You can purchase lands, keep them for some time and sell when there is increase in the land value.
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