Brought gold 3 weeks ago,went up $80 ounce since then
Yes and in times of turmoil gold and precious metals will offer some protection.
I feel the market is very inflated right now. I'd sit tight for a bit. Maybe look into some very high risk, high reward type stuff. Invest the money ($1000 assuming that the money is just gone like you spent it) into a penny stock you do research on and really like... and play the game. I've done this three times now (I'm 23 years old) and have made huge returns once, modest returns once, an broke even on the third. Turned $3000 total invested into about $11,000 (pre-tax).
Invest or trade? If you're really looking for long-term investment I'd go with big oil at these prices.
I hold a LOT of WWE stock. Now is a great time, their network had less than stellar numbers in the USA but it's expanding worldwide. Also, they pay a great dividend. Buy under 11 and hold.
up 20% since I posted this.
Get in under 12.00...sell at 24 next April.