June 2021
Beginner
304 pages
8h 8m
English
Content preview from Investing in Your 20s & 30s For Dummies, 3rd Edition
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Chapter 15
Exploring Other Investment Vehicles
IN THIS CHAPTER
Checking out call options
Digging into gold and other commodities
Considering cryptocurrencies
Surveying collectibles
Exploring annuities and cash value life insurance
In the earlier chapters of this book, I present and discuss a pretty wide range of investments that are time-tested. You’ve probably already heard of and been pitched other or alternative investments. The vast majority of these alternative investments are flawed due to high fees, lousy performance, or worse.
In this chapter, I discuss the most common of these alternative investments: options, gold and other commodities, currencies and cryptocurrencies, collectibles, and annuities and cash-value life insurance. In each case, I explain each investment’s redeeming qualities as well as its flaws.
Calling on Options
In recent years, I’m finding that some young people are using options, like call options, to try and make big money quickly. If you don’t understand ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.