what is the best thing to do with money?
By dhysanne
@dhysanne (449)
Philippines
April 29, 2010 11:22pm CST
I think the best thing to do with it is save it, invest in the bank or forex or in a business, so you will earn from it. How about you what do you do with your money?
5 responses
@getbiswa2000 (5544)
• India
30 Apr 10
Hi,
In my opinion, the best investment would be to help someone who is in serious need of money. I don't mean gamblers or drunkards of course. But what can be a better investment than expending a portion of your money for welfare? Then you can invest the rest in buying stuffs that always have a stable increasing demand. You can buy some jeweleries which, though you may not use, can be a good investment. You may think about investing in real estate as well, as the demand and cost both are rising to a ceiling high. If you are planning on investing in share market, I would suggest you do it in core sectors as they are much stable than other industries. You will be needing an all round awareness about your market conditions to do this. Still the best use of money is in helping the distressed.
God bless you
@puccagirl (7294)
• Israel
21 Jun 10
I save most of mine, because I think most investments are too risky, and I am not naturally talented with investments. For risktakers, and people who are into investments, that is probably the best option though. It is all a matter of taste, really!
@zandi458 (28102)
• Malaysia
30 Apr 10
We have a government run investment arm here which encourages everyone to invest. But we have a sky limit of $200,000.00 per person to invest. And the return is fantastically good. We are encouraged to take up loan from any bank to invest in this scheme and the interest derived from this investment is enough to cover the bank repayment.
@cmjune76 (273)
• United States
30 Apr 10
I have always been taught to save, save, save, save! I worked for a bank years ago and they stressed to us to get our members to open set aside saving accounts and cd's. But, I always figured the banks make money when their members leave their money in the bank too.
I keep a rainy day in my piggy bank and invest the rest as much as I can.
@buddas (27)
• Nepal
2 May 10
In my view, the best thing to do with money is investing in any field from where we can get benefit. while investing money in any field we must have knowledge about that. The best way of utilising money is investing in risk business because where there is high risk there will be high profit. it is applicabe in practical. so just try it..