If you have enough money to invest, in which business would you invest it?
By cybersoft01
@cybersoft01 (1284)
India
January 11, 2009 11:44pm CST
A long time back, I had a lot of money to invest, but I did not know where to invest it and slowly the money was spent. When I had no money, I learned where I should have invested my money. Has it ever happened to you? Have you ever fallen in such a situation? What did you do then?
1 person likes this
4 responses
@king1357 (25)
• United States
12 Jan 09
If I had a lot of capital I would research the industries that I thought would be successful in the future. Then I would bring in a third party to look over my research to make sure I wasn't making any decisions that were not objective. Then I would get more precise and look at specific companies in the industry I picked and repeat the process until I had picked a few companies that i felt confident would produce Strong returns on my investment.
@Juraj312 (16)
• Costa Rica
12 Jan 09
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@roberten (3128)
• United States
12 Jan 09
Happy to say, no, I have not had lots of money to invest and didn't; but, if I did have money to invest, I would invest it in Amway Global/Quxitar because this is a stable company that has been around for years in good times and bad. It is possible to go to a six-figure income with this company in a very short time.
Investing is a tricky business; what works for one person may be a disaster for another. I have no magic formula for making money. I just research, pick and go for the GOLD!
@regal_aeros (2605)
• Singapore
12 Jan 09
that depends.
WHen property was HOT, i would have invested in properties.
but now, education in my country is good. so i might invest in that. But apart from opening a chilcare centre, i can't really think up of any other ways to invest in the education sector.
I would feel that stocks and shares are the most dangerous to invest in. I have seen and heard of people who burned their fingers in them.
but ultimately, i might just seek a professional to manage my funds for me.