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I'm probably going fishing on the Bering Sea this spring/summer/fall. During that time, I'll have access to snail mail once weekly, the occasional email, and, very rarely, maybe a phone call. What are some ways I should be putting my money to work while I'm nearly cut off from society?
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>>1016871
High yield dividend stocks
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>>1016885
That's kind of what I was thinking, I was looking into Coca Cola and shit. Are there any precautions I should take in case shit really goes south while I'm stuck on the boat? I have zero experience trading stocks, outside of some simulation games I played back in high school
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I'd stay away from stocks as the market is over priced at the moment.
Even quality companies like Coca Cola are expensive for what they are. Wait till the market to bottom out before buying.
I would suggest investing in oil futures or other commodities.
If your on a fishing vessel maybe invest in fish related futures, eg http://www.nosclearing.com/products/category636.html that way you'll have insider info and can use it to your advantage.
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>>1017189
Reading up on investing in futures right now; any suggested material? I'm pretty new to having money to invest.
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