Where do you invest?
By elsoft12
@elsoft12 (1821)
India
May 21, 2010 11:11pm CST
What are the places we can invest our finances.We want our money to grow and useful to us in times of necessity.And for the money to multiply,it needs to be invested properly.Please share ideas.The investment can be either online(on internet) or offline but the final goal is to improve the finances.
6 responses
@srv_balaji (6)
• India
22 May 10
We could make a risk free and also evade the tax at the same time by investing in national bonds. the Provident Fund is compounded annually so if one can be patient enough for a few years, it is a great pick. sharemarketting requires a lot of expertice and i wouldn't recomend it otherwise. Real estate is a great in many developing countries provided you have loads to invest.
@divitiae (193)
•
24 May 10
National bonds carry very significant inflation risk and over the course of a few years there is a very very high probability they will under perform shares.
@divitiae (193)
•
22 May 10
Shares, over time the stock market tends to out perform other asset classes.
Businesses are intelligently designed and can adjust to a changing enviroment including changing prices so they are a hedge against inflatsion.
Idealy you need to leave your money in for decades to bring your return as close to the great long run average as possible but if you did need the money you can sell up and have the money about three days later.
If you don't want to activly pick shares I would reccomend buying a blue chip trust at a discount to its net asset value and then swapping that for an exchange tradable fund when the trust starts trading at a premium.
Reading motleyfool website will give you lots of info.
@anbfriend63 (307)
• India
22 May 10
i would recommend for insuarance.these are one of the best investments.further at this time you should go for ulips that is the insuarance that involves share market.you can also go for buying proreties or invest in share market.
@yasminjoo (1)
• Philippines
22 May 10
If I have the money, I would invest it in lots and businesses. I also want to try buying stocks. But first, I have to study it first. I don't want to risk losing my hard-earned money.
@jhovee629 (53)
• Philippines
22 May 10
it would definitely depend on your risk profile. If you want safer types of investment try CDs and money market accounts (more info in http://moneyover55.about.com/od/howtoinvest/tp/fivesafeinvestments.htm). If you are quite aggressive, go for the stock market or start your own business. Just make sure that when you put money into the stock market, this is money you won't need in the next 5 years or so. Hope this help you! :)
