Would you rather save or invest?
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patsy Apprentice
Joined: 14 Apr 2006 Posts: 9
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Posted: 10/14/07 - 07:40 Post subject: |
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I cant explain why I have unexplained dilemma moments and situations when saving and investing money occur on my daily, weekly, monthly list of obligations, rather than straight forward opinion about savings of the more than large amount of money or investing in property in the country, business venture, some different employment opportunities or establishing a non profit organization that could provide excellent opening for the prosperous attempt to organize humanitarian work led conducted into a effective organization. My parents started from nothing, from the plain bottom line and theyve been working very hard to organize their life to live as they are living now, and mine as well, so they can retire from their work and leave their work and assets, money to invest further into business or start new venture, that can provide enough for me and my family. What would you do? Would you rather save or invest?
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kim Apprentice
Joined: 01 May 2007 Posts: 17
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Posted: 11/13/07 - 00:09 Post subject: |
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It all depends from the situation and the willingness and effort you are prepared to invest not looking at the financial assets that you already have. Your plans, goals, enthusiasm and keenness you are prepared to organize and combine wit existing financial assets, which I assume would be enough to develop your parents business and expand it, bring some innovations which could be relevant to accomplish and improve productivity of the business. And investing into something new that is probably more you, and where you can give yourself completely to succeed and accomplish something not even your parents didnt manage, is even better option and motivation to invest and not to save, as you dont have nothing from the low interest rates on saving accounts, as they never been lower than they are now.
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