Lately I have been in the fortunate position to make a bigger profit than I know how to spend so to say. And I have always been interested by stock and forex markets.
So now that I have some spare change I am thinking of putting it to use.
Not by putting it in a savings account but let it work.
I haven't wrote down the details yet but ideally I would like to invest a certain amount every year.
Let's say I have 10k to invest every year.
- I would like to put 40% of that into bonds.
- I would like to put 10% into a savings account.
- I would like to take 30% and invest in some DRIPs
- The other 20% I would like to play with. Get my feet wet in commodities like gold and silver. Not so sure about FOREX though.
Anyway, of course this is money that I can afford to lose.
I was wondering if anyone here has thought about or is already doing something similar to this?
I mean, you would like to retire comfortably right?
Let me know what you are up to!