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gaba80
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Old 05-28-2008, 05:47 PM
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You save money for a short period of time for example you save money so that you can buy something small such as a TV. But you invest money for the long term to my something large like for example a hose or car. But you should definitely invest your money more then save it.
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Old 08-19-2008, 02:33 AM
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Quote:
Originally Posted by jiov View Post
Isn't it too late for me? Im turning 23 in a couple months but still i don't have any single penny on a bank nor on my pocket... I've always wanted to save and invest but i can't... I know that i have a problem,, I need to be motivated....
jiov i started my blogging business and other online business at 27 years old and after a year i bought my new house. Im working as a teacher and do business online. My business online helps me ALOT.Everyday, I think of methods, strategies and ideas that I can use to create passive source.
of income for myself. Financial goals as being more important. Lets be
lets just be financial literate and be a careful and wise spender.Keep it up...
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Old 08-22-2008, 05:46 AM
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Hi Fellas

Glad to see you again. Sorry it's been quite sometime I didn't go online. How things are going ? I hope everyone is in the best shape & everything goes as you planned!

OK, back 2 the topic, this is an interesting topic : investment! This term is now getting broader and broader. It used to be only around money matter, but now, almost anything can be called investment. For example, if we buy a branded bag, hoping that in the future, the value of this bag will be doubled or tripled, this is also investment.

I personally invest in forex & mutual funds. For longer term, I put in the MF accounts. Once the harvest time comes (usually in 5 years time with a return of avg 500%), I take them out and reinvest in forex. In a shorter time I can triple my account

That's what I usually do.
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Old 08-28-2008, 12:47 PM
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For the meantime I saving but planning and to invest if I can find a nice business.
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