Think of Saving and Investing

Thursday, October 22, 2009

Suddenly found myself thinking of saving, saving and saving more plus the thought of possibly investing in something stable and surely profitable. Sometimes no matter how you earn and save, it does not seem to match on how much the prices of necessities and other expenses fluctuate. But the effort will pay off in the future in case of emergencies (which I’m praying though won’t have to happen of course). 

On the other hand, aside from savin I think we should venture into investing some of those we have set aside into something profitable which earns more than the interest from the bank savings. There are options such as saving in cooperatives, even to T-Bills which my dad did long before or for something bigger for like for some companies like those involving private placement memorandum. The thing is we just have to invest somehow so that our money will grow more instead of just staying in our bank accounts. But we have to make sure though that what we invest in are stable and safe. But there are risks involved in saving right and that cannot be avoided. As I have read just like what big companies deal with, the higher the risk involved in an investment, the higher the rate of return it’ll be. The question for me is how much risk am I  willing to take when it comes to investing. Hmmm gotta think about this well! Good luck to me!