Savings and Investment

I am planning to invest my money to a reliable company or site something in which I can secure my financial needs for future purposes. Not just by investment I also have a plan to put up some small business in order for me to earn extra. besides from internet income earning I make a point that i have income offline.I do have so many plan and I'm praying it will work coz this I want my family to have financial stability. Good to know yours.Your thinking and not just by having salary every month. It's not enough to compensate daily budget and so many needs and wants. We are very fortunate that we take a look for our future but one thing for sure we do not know what our future holds us.

hi! during my first formal employment, my sister was doing part-time as an insurance agent. i thought twice getting a policy because i wasn't sure my salary was enough to cover it. honestly, it wasn't even enough so i had to do a part-time job in the evenings as well. but i wanted to help my sister make her first sale (so to speak) at the time. the policy i got is probably much like yours with an investment scheme. i'm covered for life, accidents, and even retirement benefits... but not until i get 55yo (which is a lot of time yet hehe) when i can have my monthly allowance but pretty much i can access the interests accumulated over the years in the investment plan right now. and i only made payments for 5 years, which time... like money, sure flies sometimes. hehe i'm just glad that's done. my "now" is doing a lot of different short-term stuff that i basically do at the comfort of home plus a small self-sustaining business that i can do while doing my work... which would cover my "immediate future". since my 55yo and beyond is fully covered already. it doesn't hurt to think about our financial stability early on in life, while we are still able to do so. it would be a sound financial decision. it doesn't matter now that i had to tighten belt and scrape off every extras i had just so i can make on-time policy payments back then. it has now eased off my mind towards financial security later on in life. and it's less of a financial worry for me when i get older and couldn't work my 100% anymore. it's good to wisen up while we are still younger and able. as long as you feel good about your decision... well then... good for you! cheers!

Hi Expectator, I think you are still too new to the industry of insurance to view it as an investment. There are many types of insurance plans, and not all have cash values. It is good to have adequate coverage, but bear in mind that insurance policies are not investment vehicles. You never heard of anyone getting rich by buying insurance policies. You only heard of people getting rich from stock market, real estate, currency trading and businesses.

Your entire investments are divided into 1 company? Rule number one in investing is to invest only what you can afford to lose. Think of it as an added bonus if all works out well. I myself have a retirement fund, emergency fund, education fund(knowledge is power) and also a stock fund(I invest at the moment in 23 different companies). Within the next 3 years we are looking to buy a house and well if all goes well perhaps a small investment property as well. Keep on saving and make sure you never get greedy.

I think you are telling about share market linked insurance plans. In India all related companies are paying good final amount for plans of long term, besides insurance cover. Up and downs of market bring more advantages to them as there is SIP and long period. At present these plans are good to every person and family as well.

I do not make investments with my own money but with the money from the internet sites I would do . Try bbcprofit.com. They give a deposit of 10 dollars evryday if you open their site and you can invest their money in an investment plan and earn too much money.Once that program belonged to the Ministry of finance in IcelandNowadays to the Chezk Repulic. It worked years ago. There were many norwegians who became rich trillionaires with this program . i do not know now. But why not to invest some money if they give them for free and you do not need to pay for the transfer. the only prolem is that you have to be subscribed to the liberty reserve money processor.Enjoy investing as much as you want to be an investor.

The choice of investment and savings often are for those people who have a lot of money in hand and quite a lot of gaining opportunities for themselves. Only excess amount of money gained could be left out in the opening for investment opportunities to usher in.

I am a parent now and having kids makes you think of not just your future but the kids future as well. I want to give them better futures.. a friend of mine ( he is financial adviser) he said one could start with those time deposit accounts banks offer, though the interest is not that high but still it is something better than nothing, or you could invest in stocks which is a bit risky but if you learn the rope of it then i guess you will also learn something, a friend also here suggested forex trading but i barely have time to learn it as well.. there are many ways

Im still to young to think about how to earn and invest money. But since I got married, Ive learned that money is everything. We need to be smart on how to spend our money.

Saving and Investing these days are really a bit of a challenge especially when you have some spendings to deal with. With respect to saving, I would suggest that this is a matter of taking discipline and responsibility together. Usually we save whatever is left from our income. However, a more effective way of saving would be INCOME - SAVINGS = EXPENSES. As you can see, you should set aside your savings before you decide what you want to spend for your expenses. This is entirely the opposite of just saving whatever is left after your spend your income. The difference would be more manifest if you're able to discipline yourself. With respect to investing, there are a lot of companies and ways of achieving this. However, before entering into investment you should know: 1. how much risk are you willing to face? investments include risks as you could lose part or all your investment 2. how much money do you want at the end of your investing period? you need to identify your financial goals for the next 5-10 years after you start investing 3. how much is your net worth? your net worth affects your capacity to invest. you can't invest knowing you actually don't have enough capital/asset to cover up any liability you are facing. NET WORTH = ASSETS - LIABILITIES