Sunday, April 15, 2012
Investment
Investment is very important in one's financial planning or more crucially it will affect the quality of one's life. In terms of physical treatment may not have much different but it will make a whole lot different when one needs medical fees when got health issue. Just like an umbrella during rain.
If one doesn't start to invest, in the end, one will always lamented what should have been done earlier with the money that one has.
The investment strategy must be re-engineered from time to time. Money from share market should be very easy to liquidate it. Money on property is robust and not so hard to maintain or boost up its value as long as the location is spot on.
3 types of investment concepts involve money here:
1. Time buy money
2. Money grow money
3. Money buy experience
Time buy money options:
1.Usual fixed monthly wages
2.Part time income (mostly active income)
Money grow money options:
1. Buying the properties (Give high down payment so that won't have heavy installment)
2. Open share account and invest blue chip shares (shift out from current non-value shares or funds)
3. Invest little money in high risk investment sections (forex, palm oil)
Money buy experience options:
1. Tour
2. Technology
3. Relax
4. 4 essential needs (cloth, food, stay, travel)
INVESTMENT...It has to be SPOT ON...Blind move will move to self destruction.
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