Your specific investment decisions will depend on several factors: your age, tax bracket, risk tolerance, liquidity needs, investment time horizon and investment goals. In general, however, a well-diversified portfolio might include:
Cash Reserves for short-term needs -- checking accounts, money-market accounts, savings accounts and shorter-term CDs.
Longer-term, taxable investments that are relatively liquid, such as:
Stocks -- common or preferred
- Bonds -- U.S. Government, corporate
- Mutual Funds -- bond funds, growth funds, balanced funds, international funds
- Tax-advantaged investments, such as:
- Stocks -- common or preferred
Annuities -- fixed and variable
- Qualified Plans -- 401(k), 403(b), IRAs, SEPs, SARSEPs
- Municipal bond funds
Real estate -- commercial, residential
- Tangible asset exposure through mutual funds -- precious metals funds, natural resources funds
You may want to consult an advisor regarding designing a portfolio that is appropriate for you and your risk tolerance.