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-   -   Invest For Your Future (http://www.thefinanceforums.com/showthread.php?t=8620)

kerstinemeyer 11-13-2013 06:29 AM

Invest For Your Future
 
You can have the best future if you know how to save your money well. Any tips from the public?

danielhermann 11-13-2013 02:21 PM

Re: Invest For Your Future
 
Yes i agree with you, the best way to plan is to invest in different sectors. Insurance policies which will cover your life as well repay the money back after a certain time period with accrued bonus is a good option to explore. There are certain bonds which if invested for a certain lock in period will return good amount of money on maturity . You can also invest in stocks which gives fast and easy money if invested carefully and under strict supervision of an expert. But whatever way you take you have to plan carefully the timing so that at the time of need you have plenty at your disposal.

SarahGeen 01-30-2014 01:57 PM

Re: Invest For Your Future
 
I would invest in a really good pension scheme - you won't ever loose money and you will be working on your future finances

danielhermann 02-12-2014 10:23 AM

Re: Invest For Your Future
 
Spread your risks and speak to an expert before you invest your money. First of all invest in risk-free instruments, then a property and then stocks and bonds. Also keep some money in liquid form.

jplifeleadership 05-27-2015 08:44 AM

Re: Invest For Your Future
 
Build an asset and invest in yourself. You are the best investment 24/7/365

chrlwalker 09-07-2015 05:37 AM

Re: Invest For Your Future
 
You can always use a prepaid card instead of credit card to stay on a safer side. your spends are more than your savings. hence a prepaid card helps you budget your expenses and saves you more money than usual. I have an ItzCash Prepaid card. You should also invest in franchisee if you got that potential to be an entrepreneur. ItzCash also provides you with Franchisee ownership. If you want some information on the same, log on to their website. Hope this helps!:)

micvanlen 04-14-2016 12:33 AM

Re: Invest For Your Future
 
You'll hear almost any investor talk about diversification, but most mention it in the context of the different types of funds. I think diversification should also apply to the types of investments. Most people think about RRSPs or mutual funds or bonds or money market stuff, but there are a lot of other types of investments. For example, rental properties, franchises, other cash-flow businesses that don't need have owner operator requirements. My advise is to allocate your capital in a balanced way across multiple types of investments. What I like most about rental properties or small businesses is they pay cash. This adds to your capital vs your equity. Food for thought

NancyM 06-27-2016 06:24 AM

Re: Invest For Your Future
 
investing in your self-development is the best investment

Reimaru 09-06-2016 04:54 AM

Re: Invest For Your Future
 
Quote:

Originally Posted by NancyM (Post 44036)
investing in your self-development is the best investment

Same. Learn new stuff:

1. How to handle your finances well (avoid overspending, avoid bad debts, etc.).
2. How to invest (stocks, bonds, real estate, mutual funds, precious metals, etc. - do NOT try this blind, you have to do your homework).
3. How to take care of your health (nutrition, exercise, sleep, avoid stress, etc. - doctor's bills will destroy you in the future if you don't take care of yourself now)

divi 06-13-2017 07:20 AM

Re: Invest For Your Future
 
Hi, It is important to invest in something for future. Most of them prefer in property investment or fixed deposit. But before investing in any firm you should first know about the firm. Nowadays there are many fake organizations coming. So be careful. Check this article about fake schemes http://www.mymoneysouq.com/financial...investing-uae/

Mikehills101 06-30-2017 12:17 PM

Re: Invest For Your Future
 
Quote:

Originally Posted by danielhermann (Post 39375)
Spread your risks and speak to an expert before you invest your money. First of all invest in risk-free instruments, then a property and then stocks and bonds. Also keep some money in liquid form.

The two bolded words are what I'm currently doing. I want to have a less worries about financial aspect and properties when I retire.

Vasu Dev 07-05-2017 03:55 PM

Re: Invest For Your Future
 
For retirement planing...we must have start saving. also we have to apply strategy for long term investment. for long term we are getting good benefits of return. also many banks and financial company offers retirement plans.

SunnyMay 04-27-2019 06:12 AM

Re: Invest For Your Future
 
I think you shouldn't be very economical. You'd better earn more than spend less. New purchases make us feel well and we should get rid of it. This is a psychological problem and people try to solve it. Nevertheless, I always hear the questions "does the mhra consider cbd in the uk a medicinal product?"

ethanscott 08-21-2019 05:52 AM

Re: Invest For Your Future
 
You should start investing right from the day you start earning. Just saving money is not enough; you have to invest money in the different asset class to become rich. Also, it is important to diversify your investments to maximize the gain and minimize the risk.


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