ListingDock

Where do you invest your hard earned money?



Enter a reason for deleting this comment

Where do you invest your hard earned money?

Most of us dreams of retiring early and enjoying life without the need to worry about money. So while we can, we work hard to earn money not just to provide for our daily needs but to also plan the future. Which do you think is the best investment? Are you more in favor of having your own business or investing in the likes of mutual funds, stocks, etc.?

Comments

Please login or sign up to leave a comment

Join
NesMarcos

We always have the best for our lives not for our basic needs but also for the things we want to have, it can be for leisure or anything that can make us happy. Some of us work everyday, and some work part time. Either ways, all we want is the best. In my opinion, I always wanted to be a business woman. Venturing and investing on some things that I never get used to is indeed a big challenge though can make me happen to know and enhance it more. Though my country's economy nowadays is not in good shape and basically not a good time to invest, If I will invest my hard earned money, the first thing I want to have is a water refilling station. As we all know, people can live without wants but we can't live without food and water. Water as one of our basic needs and people nowadays invest money to have such safe water to drink.



Enter a reason for deleting this comment

Chinet23

I have the same idea too. Putting up a water refilling station because it's a basic need that will always be in demand. The other thing you have to think of though is competition. And I'm thinking about really when to start investing. There are risks involved. To minimize it is to think about the right timing too. I agree, that with the economic condition we are right now, it's not a good time to invest.



Enter a reason for deleting this comment

NesMarcos

I would have to agree with you. There are things that we really need to consider from time to time. Location and time should be our priorities in the list because of competition. In my place, there are too many water refilling stations, hence, there is one water refilling station that people want here. Though their price is higher than the rest of the other stations, people prefer it much because the taste is fresher and sweeter, their water comes from the mountain and spring water and not from water depots.



Enter a reason for deleting this comment

jeffreyjose48

I will invest my money on many different things. First I will give my tithes ang offering to the Lord. Secondly I will invest it on the education of my children. Third I will invest it on the career I have chosen. Fourth I will invest it on businesses. Fifth I will invest it on the bank.

I believe the best investment is on the work of the Lord. Its because you will have high returns not only on earth but also in heaven. As Jesus said do not lay up treasures here on earth but rather in heaven. God loves a cheerful giver.



Enter a reason for deleting this comment

jeffreyjose48

I will invest my hard earned money on many things. I can make time deposit with it. I will invest it on stock market. I will invest on buying and selling of bitcoins. I will also buy condominium units.

I can also invest my money on real estate. I will buy many lands and gold. I can invest almost on everything. I can do it if I have hard earned money.



Enter a reason for deleting this comment

NesMarcos

Those are good plans. Spending and planning well of your hard earned money is great. What important is, making your hard earned money worthy of everything.



Enter a reason for deleting this comment

jeffreyjose48

Thanks for your comment. Its not easy to earn money. That is why we make plans carefully on where we will invest it. Its for the desire and purpose that it will not be lost easily.



Enter a reason for deleting this comment

NesMarcos

I would have to agree with you. People are working hard to earn good sum of money for their health, retirement, support their families, buy the things they want, love and like. A good investment will definitely help to achieve the goals set but also, we need to be very careful with investing because of course, we do not want to lose what we have worked for.



Enter a reason for deleting this comment

mdayrit

It is easy to think of a lot of possible investments if resources are not limited. So for someone who have limited cash to invest, I think it is going to be hard to choose on which investment is he/she going to risk the money.



Enter a reason for deleting this comment

stbrians

So you want to invest in water? I thought you will buy treasury bills, cryptocurrency or invest in forex. Business opportunities are worth investing in.



Enter a reason for deleting this comment

theresajane

Oh, that's a good way of investing your money. Since a lot of people nowadays don't rely on tap water anymore for their drinks, then I can guarantee you that it'll be a success.



Enter a reason for deleting this comment

Youngshark

Money market funds. I tend to love investments but when I am saving to invest I go the option of money market funds. The profits are way high and as a result one can make a lot of money than when they would have put the same cash in savings accounts.



Enter a reason for deleting this comment

Barida

I am not getting to understand what you mean when mention money market funds. I am looking at a type of investment where I am going to save and make nice profits from doing so as well.



Enter a reason for deleting this comment

Youngshark

money market funds are the best investment instead of saving your cash in the bank my friend. They are low-risk investments where banks or insurance corporations take your funds to invest in government stocks and in return you will get higher interest rates than if your cash was in the bank.



Enter a reason for deleting this comment

mdayrit

I just started investing in money market as well. While almost all other fund investment are going down in our country, money market is the only one that has a positive return. Trying it out instead of just putting the money all into savings account.



Enter a reason for deleting this comment

Martinsx1

There are lots of commodity to invest in, but it's good to know that there are lots of fake investments out there that are designed to scam and dupe people. I have invested in cryptocurrency, bonds, stocks and I'm still looking at investing in gold. I have been pressured to invest in Forex but I don't have strong conviction about Forex, so I'm staying away from it at the moment.



Enter a reason for deleting this comment

jennyfermanuel

This is what I am scared about. Those fake investments, those scams. I heard a lot of this issue even in our country. Better to make a thorough research before joining in. I don't know that much about how it works, I get curious. There are those who are pretending to be financial advisers who are trying to lure people to invest with them. I, as well encountered several of them. Offering their so called online jobs and then ending up luring me to invest with them. That's when I know I need to end the conversation. I don't trust anyone I don't know when they start the conversation about it. I don't know, I just can't help it.
I think it is better to have a research and try to invest with the people you know who already joined and prove that it is legit.



Enter a reason for deleting this comment

vinaya

Crypto currency can be a good investment option, especially with the coin that is just starting out. However, you also need to be careful about being scammed as a lot of coins are launched just to scam people. If not scam, crypto currency can also have no value. There was a time when a lot of people were talking about doge, however, these days nobody is talking about doge. many currencies will have the fate of doge.



Enter a reason for deleting this comment

mdayrit

I would agree with you. There are a lot of investment scams that claims to give you hig return at a short period lf time. Investments that promises these things, more lften than not, are scams. We all really need to be careful to whom or where we entrust our money.



Enter a reason for deleting this comment

amelia88

This is something I really need to look into better, to be honest. I am such a risk-averse person that I always worry about investing in stocks, but I know that over the long term that's really where everyone needs to be putting their cash. It's tough! I probably need to book in with a financial adviser or something.



Enter a reason for deleting this comment

Barida

It is necessary that before you make any decision as regards getting into any form of investment in stocks that you have a talk with a financial adviser as they are the ones that can be able to tell you the real stocks that are going to appreciate in the future and how you can get things working through that way.



Enter a reason for deleting this comment

amelia88

I've actually been thinking about booking in to chat with a financial adviser for this very reason. Sometimes it's nice to just hear from a professional to know where to start with investing, since it's such a big decision that can have far-reaching repercussions! I want to try and make the most from my money so I'll have to look into that.



Enter a reason for deleting this comment

Kakashi2020

I invest in stocks for the long haul. I would save money and whenever it reaches $200 I'll convert it into stocks asap. I go for mining and oils because for me those are the safest investments and they're also volatile. All profits from mining and oil stocks are then converted into blue chip stocks.



Enter a reason for deleting this comment

fishbate

That is a great investment, mining and oil surely is a safe investment because it's an essential in business and home. You have gave me an idea and i'm planning to go for mining and oil stocks in the near future.



Enter a reason for deleting this comment

mark8625

Good choice. Investing in stock markets is really a good choice. I heard about it and planning to do stocks trading and stock investing at the same time. I am currently learning the in and out of stock market so that I have enough idea before I go in.



Enter a reason for deleting this comment

ajahcuizon

When I was introduced to investing in stocks, I got interested about it and think that it is really a great way to make your money grow. It may takes many years for your money to grow, it is still worth it in the end. If I would be given a chance to have a money to use for investment, I would invest it in the stock market that putting up a business that has a higher risk of the return of your money. Also, investing in stocks doesn't require you to do work, you just have to seek for an update in the the stockmarket every now and then. So yeah, I would invest it in stocks.



Enter a reason for deleting this comment

overcast

I think stock is more or less passive investment. They can't make you active money. And as you can see that you need to wait like 20 or so years to make money off the stock market. Same with the forex trading and the binary trading too. So depending on the investment approach it can be a good to start with simple and consistent and regular.



Enter a reason for deleting this comment

superlicca

I agree with you. Investing in stocks is like saving the money for your retirement since it will take many years to see the profit. You can't invest and expect to earn within a couple of months. And the amount of your profits will also depend on the status of the market.



Enter a reason for deleting this comment

overcast

Yes and often the returns don't come in 10 years but often require more time. And that means we have to keep ourselves invested. That seems to be the way for things to be handled. I have learned from the experience. I can tell you that hard earned money to be invested requires some courage.



Enter a reason for deleting this comment

mark8625

Yeah savings in mutual funds also same as you saving your money in the bank. The difference is that you cant able to withdraw your money if you invest in mutual funds, you have to wait for a years to get it mature. But savings money in the bank has lower interest compare to the mutual funds.



Enter a reason for deleting this comment

overcast

No. Mutual funds are more profitable than saving in bank. Because mutual funds give better return than the bank. Plus the mutual funds have more varieties. And depending on the time it was invested. They can offer more flexible options. Liquid funds can allow you to withdraw any time but other funds may not offer that.



Enter a reason for deleting this comment

mark8625

Oh I see I thought they are just almost the same. If they are not the same then you are right much better to invest in mutual funds than in the bank.



Enter a reason for deleting this comment

overcast

Banks themselves are investing into mutual funds and they are managing to pay people. So the rate of interest with the mutual fund is high enough as it is for sure. I think the many people if they start investing into mutual funds in 20s by the time they reach 40, they would be in much better place.



Enter a reason for deleting this comment

mark8625

I wish I could invest in mutual funds when I was in my 20's but I am still young. I am just in early 30's so I think I should start asking and do research how mutual fund works and see if its good investment.



Enter a reason for deleting this comment

mdayrit

It's great to start investing in mutual fund while you still have time prior to retirement. You can contact lots of trusted financial adviser from reputable funds company to know more. They can assess you if you are the type who have high or low tolerance when it comes to risk on investing your money. Based on that is where they will give you the best option on which fund you should get.



Enter a reason for deleting this comment

NerdIndeed

This. You don't make money on stocks, a minimal sum of dividend perhaps, but it will not make you extremely rich. Stocks/Shares are great to have as a long-term investment, like you said, for 20 years, when you decide to retire. A $1 par value stock today might reach $50 in 20 years time, not bad. Imagine if you have invested a $1000, then after two decades it turns into $50K, I'll take it.



Enter a reason for deleting this comment

overcast

Yes and the thing is it forces you to stay invested. I think debt can make money but that goes into the taxes. So you can see that hard earned money should be spent properly. Another thing is that most of the investment options go down during recession so we have to stay invested long enough.



Enter a reason for deleting this comment

NerdIndeed

True. And when you say debt, I believe there is good debt and bad debt. BAD debt is when you take out a loan to buy liabilities such as a car, a house, or something for personal use only. However, a GOOD debt is when you take out a loan to buy things such as the above, but you rent it out, meaning it earns you money which in turn becomes an asset in the long run.



Enter a reason for deleting this comment

overcast

I am referring the debt investment like bonds, debt mutual funds, deposit etc. Those are mostly good but they are taxed and you don't really get much output from them. So far based on my experience I have found out that some hard earned money should be in equity too but not much because it can be volatile.



Enter a reason for deleting this comment

ajahcuizon

I agree with you. That's why I call it investment because I ought to think that I will wait for 10 or 20 years for it to grow. Although the income is not guaranteed, atleast when I win this investment, I have done it for like saving for my future. My mother told me that it is like a savings for my future. It may not be guaranteed but better to take risk than to experience regrets.



Enter a reason for deleting this comment

anchoreztin

I invest my money in life insurance, social security and stock bonds. But I did a lot of research before I invested to those.



Enter a reason for deleting this comment

mark8625

Yeah that is right. We should do many research before we get into it. I did research also before investing my hard earned money. This was to make sure that I have an idea and enough knowledge about the business.



Enter a reason for deleting this comment

vinaya

I have brick and mortar business as well as online business. I invested in my brick and mortar business through my reserve funds. Later, I financed through a bank loan. My business is staggering, yet I am paying bank installment every month. I have a handful of websites and I invested on my websites the money I had saved from my online earning. My online business is ok.
If I had more funds, I would invest more in my brick and mortar business as well as online business.



Enter a reason for deleting this comment

overcast

I think brick and mortar business if done properly can be a good option. But there seems to be no assurance for the same. In case of online work, you can see some niche do pay good money. And there seems to be earning in that. But it's not easy there either way. So it's best to save your money in proper sources.



Enter a reason for deleting this comment

vinaya

I think one of the best ways to invest money is to save money in the fixed bank acocunt. In our home country, if you save money in a fixed account for at least 5 years term, you can get upto13 percent interest per year. Fixed deposit saving is the best option. However, there is a limitatin on earning. You have to seek other avenues for earning more.



Enter a reason for deleting this comment

overcast

That is a lot of interest. Here in my country we have 6% of the interest. I can tell you that mutual fund here seems to be giving lot more return than the fixed bank deposit. I can tell you that some of the time higher investment can be there. I think there seems to be many other ways things can be properly handled.



Enter a reason for deleting this comment

vinaya

Mutual funds are not very popular here. People are more interested in stock trading than investing in mutual funds. For those people who do not want to take the risk, fixed bank accounts is the best option. A normal savig account will give be between 3-6 percent interest rate, howeve,r fixed bank deposits will give you between 10.5 to 13.5 percent interest.



Enter a reason for deleting this comment

overcast

I think you can invest in international mutual funds too. But you have to sign up to the trading sites online. And then you have to open bank account and all that. But it is possible. I have seen that working out for many. I have also seen that investing is a bit harder in that case if you are from nepal and other nations that are not as big for stock market.



Enter a reason for deleting this comment

mdayrit

I agree. Fixed bank deposit in our country is not even reaching 1% per annum. I just use banks for transferring money and paying bills. I put my extra money to mutual funds. It has a bigger chance to earn more. I just do not suggest mutual funds if people are looking at short term investment. If investing in one, you should only put your extra money and not the money that you will be needing in less than a year.



Enter a reason for deleting this comment

overcast

Yes mutual funds always help. And the thing is there are many to choose from depending on how much risk we want to take. I have seen some of the debt and equity type mutual funds performing well. And the best part you can decide how much to invest into and how much to consider for the long term investment as well.



Enter a reason for deleting this comment

overcast

My current investment is mutual funds and the fixed deposits. I am heavily investing into the fixed deposits because I want yearly fixed returns. And after that I am focusing on the mutual funds. That's what mostly I may be looking for more options there. I know one thing for sure that gold and cryptocurrency are not worth the risk. So on that note I have no plans to invest into them. I may invest into the real estate and other things and hoping that things would change.



Enter a reason for deleting this comment

Barida

Investments I n the real estate sector is always going to yield a whole lot of benefits as long as we are going to allow such situations where we make smart investments on areas where they are going to pay us better for doing so. I have always tried as much as I could to ensure that I save up and wait for this kind of offer before making any investment.



Enter a reason for deleting this comment

overcast

Problem for me investing into real estate is that I don't have money to buy land or the property. So I am limited with that. And make sure to only invest into things that can earn pretty decent though. Another thing is that it's easy to invest into that type of the sector. I have extremely limited experience on that part.



Enter a reason for deleting this comment

edencaga

I remember what my professor said. He's handling economics subject so he told us that the best place or thing to do with investment is buying property or real estate. The price value of the land in the future will be more higher so since some business man is looking for land for them to build their businesses, I think its perfect to sell your land properties to them, not now but in the future.



Enter a reason for deleting this comment

superlicca

Currently, I am investing my money in stocks. But I believe that it is also great to invest in life and health insurance. This kind of insurance can provide medical and accidental insurance. This will serve as a long-term protection. Insurance is not only for yourself but it is also a security for your family since the coverage can be offered to your dependents. This will ensure that you have nothing to worry about when you reach the retirement age. Just keep in mind that when you invest, make sure that you invest in a reliable company. Always do a research first or ask someone who knows more about the insurance company.



Enter a reason for deleting this comment

ballyhara

Currently, I'm not saving properly, my country economy doesn't allow it. That's why I would like to improve my earnings, so I can save some money. I would like to invest in a good life insurance, one that really works and help me out in a future. Also, I would buy some funeral service or whatever you call it, because one thing we have for sure is that we will die someday, and I don't want my family to spend their savings on that.



Enter a reason for deleting this comment

mdayrit

I've heard of that one wherein everything related to the funeral will be taken care off. All you need to do is to pay a certain amount monthly, quarterly or annually. It is transferrable so if ever I get that kind of investment and someone in the family dies instead of me, I can use it to lessen the worries of handling the expenses while grieving for the death of a love one. It is actually good to plan ahead because you are right, all of us will die someday.



Enter a reason for deleting this comment

Steve5

I'm currently investing my money in an offline business. It's important for us to have something relatively stable in terms of income. I find it easy and pleasant to manage. I hope it grows as time passes by.



Enter a reason for deleting this comment

fishbate

I usually invest in my current business which deals with crafts and electronic products. I have also some investment in stocks and crypto. I always try to have multiple options in investment just to make sure that i have some in both worlds. But of course you have to know the details on the platform you are investing in.



Enter a reason for deleting this comment

rlpzbeermoney

I started investing in VUL insurance. It's a safe bet and the money you put in monthly will come back to you bigger than the total amount you put in. You can pull your money out after 10 years but for maximum profits, you could wait until you retire and enjoy your retirement fund.



Enter a reason for deleting this comment

mark8625

That is very good question. I used to invest my money in businesses. It happened that the business is doing good. I am now planning to invest my money to stocks investment and trading. Money is safe though there are risks also.



Enter a reason for deleting this comment

Tronia

I agree with you about having to make sure that we also consider our future. Too many people just live in the present and spend their money without any sort of investment.

I was always the type of person to not spend everything and at least save it up. I'm currently investing a bit into cryptocurrencies and stocks. Both are working out amazingly but you have to really know the markets and keep up with sudden changes.



Enter a reason for deleting this comment

DarthHazard

I think that the best way to invest your hard earned money is in real estate. Real estate is something that will always be valued and needed so it will always do well as an investment. As long as you work on the house, make sure it is of a high quality (both inside and outside) and it's in a semi-decent area, then it will always do well.



Enter a reason for deleting this comment

fishbate

I agree,this is also one of my choice for my investment. Real estate has low risk in terms of your investment security. As long as you review and study your investment. There's a big chance that you will be successful.



Enter a reason for deleting this comment

wallet

The best investment for me is gold, I prefer to invest my money in gold because the price of gold is rising in time so I lose nothing, in fact, I may gain something.



Enter a reason for deleting this comment

Alymae

If I have enough money to invest, I would probably invest it in real state and stocks. In real state business because this industry is ever growing and as time goes by the price increases. It will be nice to own properties and sell it in an opportune time when it becomes expensive. For now, I'm working on cryptocurrencies and planning to invest in stocks soon.



Enter a reason for deleting this comment

Chinet23

Real Estate I agree is where I will invest money. It's an old trusted and proved investment as its value appreciates in time. I think it's for those like me who are more conservative and novice in terms of investing money. I hope I can get more suggestions from the comment section. It's good this question was brought up.



Enter a reason for deleting this comment

Zelmontero

I probably invest in stocks. It is a good way to earn money. It maybe risky but for me it is easier to invest in stocks compare to businesses.



Enter a reason for deleting this comment

Kakashi2020

Part of my investment portfolio includes real estate because I can't go wrong in buying landed property. It's one of the most safe investments that continually appreciates in value over time.



Enter a reason for deleting this comment

EfficientNinja

I invest and trade stocks. At first I was investing at index funds but I find it too slow to grow my wealth. I learned how to do swing trading and I now have a system to trade profitably and earn a whole lot better than index funds.



Enter a reason for deleting this comment

vhinz

I would invest my money in different business ventures, online, and offline, stocks/mutual funds. It's better to put your money in different investments and not only in one business. As what Warren Buffet suggests, the legendary investor, Do not put your eggs in one basket.



Enter a reason for deleting this comment

amelia88

I think diversifying is wise advice. Generally speaking, then even if you have one investment that performs poorly, you should still be making money from other investments. I agree with not putting all your money in the one spot because that can be pretty risky.



Enter a reason for deleting this comment

vhinz

Losing your money is painful and you wouldn't know how long it takes to recover again. Investing is associated with risks that's why we should be careful and wise in choosing where to put your hard earned money.



Enter a reason for deleting this comment

amelia88

It's part of why I'm just investing slowly. I'm scared to take any big risks because I don't want to get into a situation where I lose a bunch of money. I think investing is important but I think you've got to go into it armed with the right information.



Enter a reason for deleting this comment

vhinz

Yup, never put your money in an investment that you don't really understand. With the right information you'll have the courage to take the risk but prevent from losing your money. There's no investment that doesn't have risk. You just have to understand the risk and prevent it.



Enter a reason for deleting this comment

mdayrit

As for me, I am investing in real estate and mutual funds. Our real estate investment is doing good. It is where we usually get our savings to re-invest for more properties. Mutual funds on the other hand is my investment for future use (retirement). I was actually planning to go for stocks but since I cannot focus on knowing the market, I decided to get mutual funds where there are fund managers handling the analysis on what market to invest my shares.



Enter a reason for deleting this comment

amelia88

Real estate is also a pretty safe investment here - we're paying off the mortgage right now for the house we live in, but hopefully that will be finished within a few years. We then hope to go down the route of investment properties too!



Enter a reason for deleting this comment

timothyP

I'm looking for a good investment where I can be productive and earn as much as I could have ever imagine but I'm not that knowledgable enough and still going on through meticulous research. I need some advices.



Enter a reason for deleting this comment

rlpzbeermoney

Another point to consider is to fully know what you're investing in first before shelling out the money. I know it seems like common sense but is it? Just reading something on the web makes you want to invest in VUL for example. People invest in stuff they don't really understand. I've known people who were scammed by their relatives promising them to give them capital for a business and returning x2 the money you gave them in a said amount of years. Greed is something we should control.



Enter a reason for deleting this comment

edencaga

When it comes to money, I want to make sure that my investments are safe since now a days a lot of scammers are fooling around. I want to invest my money in building a business or if I may want to invest money in a stock market, I want to make sure if the stock market is legit.



Enter a reason for deleting this comment

stbrians

Depositing money in cryptocurrency has not been successful. Now I have started investing in stock exchange.



Enter a reason for deleting this comment

Steve5

You may have a point. Cryptocurrency tends to be highly volatile. So you'd need to be careful in using your money there. Stock exchange is a bit easier to follow.



Enter a reason for deleting this comment

stbrians

Thank you for the tip. I need to be very careful. There was one great thing in crypto, thr money grew very fast.



Enter a reason for deleting this comment

Steve5

Yes, it's true. It might be why people are still interested in it despite the risks. If they're fortunate and play their cards right, they might get a huge payoff for their investments. It's mostly a matter of waiting. They act fast once the opportunity presents itself.



Enter a reason for deleting this comment

Patrickdim

Some of the people nowaday are very knowledge when it comes to investing their hard earned money more and more people just invest on stock market because most of them realized that if in a long term when the company that they sold in stock market reach up means they are earning profit somehow it is not always like that sometimes the values of the company reach to the lowest percent but when you learn how to prevent it then you starting to become rich in the future.



Enter a reason for deleting this comment

coolavender

I have placed my investment in government treasury bonds. Although it is relatively safer than mutual funds and other stock investments, our present government is making the investing environment even more volatile with its pronouncements and recent actions. Real estate investing can give us passive income in our retirement age and I'm looking forward to acquiring another foreclosed property in the next three years.



Enter a reason for deleting this comment

cmoneyspinner

The "best investment". That's a tough question.

  • My husband invested our money in mutual funds, stocks, etc. It was a wise decision.
  • He also invested in real estate. It was also a wise decision. Unfortunately, it went south!
  • We are trying to learn how to invest in cryptocurrency. There are those who say it's worthless and others who say it's the future. Is it the “best investment”? Too soon to answer that. But it's worth testing the waters.
  • As for other investments? There's always gold and diamonds! Where do you invest your hard earned money?



Enter a reason for deleting this comment

Gilgamesh

For me, investing my money to buy a lot is the best choice because I can do many agricultural activities into it that I can benefut through in a lifetime. Agricultural products always has a high demand, at the same time I can allot a small space to build some establishments that I can also earn money for. Even the land itself has a high value and it will increase as time goes by and a land don't rust and don'experience corrosion meaning even my sons and the other generation of my family can still use it.



Enter a reason for deleting this comment

Zelmontero

I also have a same idea like yours and I think it will be fun to manage agricultural product. I'm only worrying about the cost of maintaining it. I also lived a in a tropical country and we always experienced a lot of typhoon. It only take one typhoon to ruin all your products.



Enter a reason for deleting this comment

superlicca

Aside from investing in insurance and stocks, the other good investment is establishing a business. If there is a business that I want to build, it should be a small apartment with a few units. I think it is a passive income since you don't really have to be hand on. As long as someone is renting and paying, your earning is continuos.



Enter a reason for deleting this comment

Jenniferdainty

You will never go wrong with the passive and active business. A lot of rich people became wealthy because of business. However, you have to be patient at first because, in some business, the income might not grow that fast. Don't also forget insurance so that you will be secured when you retired.



Enter a reason for deleting this comment

jayjaydimson

Well, I would invest my hard money on the company that is boosting rapidly, Because I know that my money will grow easily in that company, But I need to have some deep research first before investing my money so my hard work money won't get wasted.



Enter a reason for deleting this comment

romyter013

I would say its best to invest to something people will always need it for their daily life. One thing that i can see is food. People cannot live without it, once we are hungry we eat and everyone does. Some says if its your first investment or business, is the one you love most or your passion. But the question is does everyone can afford and appreciate it? My advice is always know your target in business.



Enter a reason for deleting this comment

DenisP

Investing has never really been my bag. Without going into the stereotypical hippie jargon, I’m just not a fan of the capitalistic market/system. I prefer to keep all things in life very simple, and that includes my funds.

I budget the money I need for essentials like food and bills, and the rest goes to savings. I avoid spending money on unnecessary luxury items, but if I need something essential (like a new laptop after an old one breaks, or replacing torn clothing) I just dip into my savings.



Enter a reason for deleting this comment

kinja90

I really want to invest my earned money to business. I have not yet started any business. My wife does and it's an online selling. I want to earn more to sustain my family's needs. Risk is part when doing a business. Just don't invest it fully on pure business. I'm still thinking if I will start a new business or I will just help my wife since she is already starting.



Enter a reason for deleting this comment

mdayrit

I totally agree with you. There will always be risk and challenges in every business. It takes time and failures before you achieve the success that you want your business to reach. And because of these reasons, it is wise to not risk everything in purely business. Just like the saying, "Don't put your eggs in one basket". Investment should be divided in various forms so it is still manageable when one fails.



Enter a reason for deleting this comment

blackmist

The best investment for me are starting my own business. Owning our own business are the best because I have control over my time. I am my own boss. I am planning to quit my job and start my own business and I'm excited to start thought it is small one but I hope it will bloom someday.



Enter a reason for deleting this comment

Steve5

I agree. Small businesses have the advantage of being low risk. I've seen lots of owners who expanded from scratch through time and effort. It will take time. But nothing is impossible if you believe and know what you're doing.



Enter a reason for deleting this comment

blackmist

Yeah starting small are the best if you are just starting. Starting small have it's own advantage because it is easy to manage and most of all easy to change the workflow of the business for much better improvement. Small business will soon bloom if we know what we are doing and taking advantage of the opportunities that will come our way.



Enter a reason for deleting this comment

Steve5

Also, small businesses attract specific customers. Most people have unique ideas for attracting new buyers. Like some specialty stores and other different markets. You'll definitely stand out among the competition.



Enter a reason for deleting this comment

mitan143

i think I'd like to invest my own money which I earned from hard work to my own business. In this way, whether the business will go up or down and the money would likely go on waste but at least it is my fault. But I guess I need to learn to invest money on stocks something like that. That way, it will increase my skill on investing and just like what I always have in mind, it is still better to invest money so I must take a risk and invest it other than to my own business.



Enter a reason for deleting this comment

Chinet23

I have been reading about handling finances and I'm the kind who is a conservative investor. I learned that the downside of it is that you cannot make your money grow and therefore lose its purchasing power in the future. It's important that we invest and do not allow our money to sleep in the bank while the bank actually uses it and make profits. This forum will add more insights as I am thoroughly considering about investing and to take more risks.



Enter a reason for deleting this comment

deejaycee

It would be great to invest your money on a business that fits your personality and skills. It takes courage to be your own boss and manage your own business. But before taking that step, you must exert effort in coming up with a feasibility study of the business you have in mind. It takes several research on the costing side of setting up a business.



Enter a reason for deleting this comment

beerthooyah

We can do both of what you have mentioned. Having a business will give a sense of fulfillment and it may give some substantial rewards if we just do it the rightway. The earnings you got from your business can be used to invest in mutual funds, stocks etc. In that way, we could all achieve the financial freedom that we all dream of.



Enter a reason for deleting this comment

sgdadu

It is the dream of everyone of us to gain financial freedom as early as now. We work hard , enjoy less and save more for purposes of our financial safety in future when our strengths somehow fades. Heard earned money calls for careful choices when it comes to what investment to undertake. For me, i just love the real estate type of investment whereby i can choose to build a house(s) and sell them at higher value or rent them out and enjoy the proceeds in form of rental income, or simply buy houses and resell them at higher prices and enjoy the profit since such properties as houses and land tend to appreciate in value over time. At least am sure of this sector, especially in my country (Kenya). its a very promising area to invest in with an almost surety of making profits unless otherwise.



Enter a reason for deleting this comment

jaymish

Most of the economies around the world either have economic troubles are are flat. In times like this its hard to know where to invest your money. The stock markets around the world are too volatile and if you put your money up it will be years and years before you see a return. Currently I invest my money in small basic businesses, which provide everyday basic services that people must have. I find anything else too volatile.



Enter a reason for deleting this comment

Jeane

I invested a bit of money in dividend earning stocks but they don't earn me much money.

I've been studying trends lately and learned that as world population grows, demand for food also increases. And as the law of demand dictates food prices will also go up.

That's why I intend to invest most of my money in agribusiness. I will buy land (agricultural land is relatively cheap where I live) and do some farming. This venture will not only be profitable but it'll also enable me to save more (since I won't buy most of the food I'll consume) money which can be invested in other businesses.



Enter a reason for deleting this comment

NerdIndeed

As for me. I invest 10% of my income on stocks. Not for short-term gains but for long-term reasons such as retirement. A cousin of mine started buying company shares at the age of 32 at $0.10 par value. 20 years later, the price is now at $1.60 each. Just imagine that if he has 100,000 shares, that's a considerable amount of money for retirement.



Enter a reason for deleting this comment

ajahcuizon

I agree. Investing in stocks is a good way to save money for retirement. I also want to invest in stocks if I have enough money for it. I understand how money will grow after year with the help of the leading companies in our country. You just have to dedicate yourself on saving because it wil require you a lot of patience since it'll be years and years for your money to grow.



Enter a reason for deleting this comment

NerdIndeed

Stocks is one sure way of securing your future. However, by saying that, it also comes with risks. That is why it's imperative to do lots and lots of research before even buying them. I am into saving but only for emergency funds. Having your money sitting on the bank is a losing battle when you factor in inflation to the equation.



Enter a reason for deleting this comment

ajahcuizon

I agree. I have watched some vlogs and read blogs that they all said the same thing, and that is to study well first the workarounds of the stock market. Eventhough it is a great way to save money for the future, risks will always be there and what we can do is to lessen the effect on our hard earned money. Inflation in our country really has a very big effect to our people. That's why I really prefer to invest in stocks since inflation keeps on going. It's a good time to take advantage of it.



Enter a reason for deleting this comment

jaymish

I think stocks are a good long term investement. However I think that it depends on where you are. I.e what Country you live in. If you live in a rich Country than the stock market is a good investment for you.However if you live in a poor Country this may not be the smartest idea because at any times the company can fold because of lack of market occasioned by the lack of income to spend. I agree that if you can buy stocks when they are cheap you can make good money. E.g if you had bought Facebook or Apple when it was still cheap. e.g Facebook original price was 38 dollars and Apple was worth 22 dollars. Apple is now worth 200 dollars per stock and Facebook is now worth 158 dollars per stock.



Enter a reason for deleting this comment

jpk0007

Yes, I do invest for some time now. Right now most of my investment is concentrated towards buying a new house for myself. Real estate, although it is a conventional way of investing money, it can yield a very high profit in the long run. Other than that I also invest in fixed deposits in Nationalized Banks. Mutual funds Investment is also one of the ways I do invest my money. I don't think investing in shares is something that I would consider right now due to the high risks involved. I think one has to invest in some way or the other to ensure the financial security of the individual and his family.



Enter a reason for deleting this comment

ElectorAlexande

I think the best investment in life is to invest on something that will never lose value or its worth in human lie, while reading the comments i saw something like water and i was encourage because water is a free gift of nature and can never seize to be the need of humans because it is vital for survival o the human race. I will also like to invest on food and online shopping stuffs because if the world is advancing globally into the computer age then the need for online shopping will increase as well, at least for now.



Enter a reason for deleting this comment

TheArticulate

Any money I get from my freelance work I'll typically hold onto until I can invest it into better camera gear. Things are changing and improving in the field of technology, so it's good to keep on top of what's performing the best photo and video-wise. This also ensures that the thing I produce remain high quality.



Enter a reason for deleting this comment

thejoyrevolutio

I always thought to invest in real estate. In something I can rent out to tenants so it can become profitable. Stockmarket maybe? I don’t really know how does that work. Or I can just hold on to it. But it will not be profitable. I also thought of opening a food business as an investment. I think food will always be profitable as long it is tasty.



Enter a reason for deleting this comment

theresajane

I always have this mindset that if I saved a big amount of money, I would go and invest on stocks. I actually am not sure yet where or what would be the perfect field. I'm thinking of investing my money on the big chain of banks or fast-food chains. I don't know, I thonk I have to talk to a professional when the right time comes



Enter a reason for deleting this comment

cks003

I would rather invest my money in stock market to earn some dividend or gain from capital appreciation. If one thinks about long term plan for retirement or earning some passive income, investing in stock marker is safer than doing business although the generated income maybe lower.



Enter a reason for deleting this comment

focusedwriter10

This is where I always invest my hard earned money. The good thing about investing in the stock market is that the income is passive, and you do not have to deal with stresses that are associated with doing businesses.



Enter a reason for deleting this comment

theresajane

I would also choose stock market. Though I'm not quite knowledgeable yet about that, I still have this in my mind that if ever I have enough money to invest on something, I would always go to stock market as that's what my family members always recommend.



Enter a reason for deleting this comment

GeorgeDr

In my opinion , on of the best investments you can make is yourself. Upgrading something in your life can be a deciding factor in helping you with business. There are many ways you can actually achieve this. As a first step I would upgrade the foods I eat , which can help you think better and avoid any unnecessary health issues. Another direction you could take would be to buy books that will help you in your line of work. Always remember your best investment is you.



Enter a reason for deleting this comment

vivalavanda

I invest my hard-earned money on the things that I want to do. Not those material things, but experiences: concerts, travel, music festivals, etc. You need to also have fun with your life and treat these things as your reward for hardworking.



Enter a reason for deleting this comment

buraks7

I try to divide the amount I'm going to invest. This way I believe I'm minimizing the risks. My country's currency is losing value against all other major currencies so I mainly buy gold and USD. I also bought a home, paying mortgage. After I finish mortgage, at least I guarantee a shelter where I am allowed to live. Until now I was paying rent and know how stressfull it is to wait for end of month to see if you will be able to pay rent or not. I wish everyone can have their own home.



Enter a reason for deleting this comment

stbrians

I tried to invest in my bank account but it did not work out and I had to use it in my business to expand it and improve in my sales.



Enter a reason for deleting this comment

Bravosi

Hello!
That's a very good and productive topic, glad someone brought it up.

I was told once that money should work for you, always save up enough cash to invest it somewhere. The question is where.
Usually I place a deposit in the bank and invest into HYIPS.
That's it for a while.



Enter a reason for deleting this comment

Corzhens

This is not to brag but I have a big savings that I keep in my bank account. I have several bank accounts and one is for the life savings that I can use for a business or for buying something big like a car. It is a good idea to invest but I couldn't find a person to trust with my money. I was invited to play the stock market but there is a big risk. For now I have peace of mind in having my money rest in my bank account.



Enter a reason for deleting this comment