The Smartest Investments for Seniors

By : Raam Dhakad

KYD - Personal Finance

As we age, our perspective changes and so do our priorities. “Getting old is like climbing a mountain; You get a little breathless, but the view is so much better!

When we are young, we are all spenders. As we age, we gravitate towards conservation. Having enough to maintain your lifestyle and enjoy what life has to offer.

Wherever you find yourself in life, here are some ideas to help your golden years stay even more golden.

If a major part of your savings is in the stock market, as it should be. You know very well that what goes up can also go down; sometimes many.

You cannot control the stock market or the world economy. But you can hedge the uncertainty with other forms of money.

The oldest and most common hedge is gold. It has been used for thousands of years to protect against everything from inflation to currency devaluation to political risk.

Home repair isn't cheap. Whether it's a leaky roof or a broken appliance, your home can quickly become a living nightmare and cost you hundreds or even thousands of dollars to fix.

But you don't need to worry. Luckily, with a company called America's First Choice Home Club, you can protect yourself against huge repair bills.

If you don't want to deal with hefty car repair bills, try CarChex. A CarChex vehicle protection plan will work at any licensed repair facility in the United States, from independent shops to dealers.

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