Best Stocks to Invest In Right Now
For quite some time now, I have reiterated that the best stocks to invest in right now are actually the commodity etfs. With inflation likely to run rampant over the next few years, we are likely to see commodities soar, much like they did in the late 1970s and early 1980s. The commodity etfs that are set to make a strong move upward are:
DBA – Agriculture
DBB – Base Metals
DBE – Energy
DBP – Precious Metals
These etfs actually follow the price of the physical commodities rather than actually commodities companies stocks. I fear that commodity producing companies could see another big hit in the near future as the American economy could be in trouble with the housing market continuing to slide lower. Home prices are the underpinning of the American economy and until we see a bottom in those home prices, I cannot see strong economic growth for this country.
Overall, the best stocks to invest in right now are the commodities etfs that track physical commodities. If you want to take on a new hobby, investing in physical commodities themselves can be exciting. Buying gold and silver coins has been a hobby of many and could turn big profits over the next few years.
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