Thursday, December 2, 2010

What is Investing?

Last time I invited some of my friends to a financial literacy seminar. No amount of tender persuasion on my part could make them say yes, they refused profusely and I asked why. A friend unbosomed to me her phobia. She lost 50,000 on two investments one's about numismatics, coin collection. I scratched my head the only person that I know who's into that kind of investment is Robert Kiyosaki. Well, I can't help it Kiyosaki's her level. (grin!) The other friend of mine invested in some products, some kind of networking. He said he's not ready for another investment. May I clarify product is different from investment products.

Why investing is confusing?


Investing means different things to different people.


Some invest in their family to ensure care in their old age.
Some invest in good education, masteral degree, doctorate etc.
Some invest in job securities and benefits from the company that they work with.


Here are some types of investment product:


Health care
Insurance
Stock Market
Mutual Funds
Bonds
Real Estate


What is investing for you?
Do you have investments?
Did you start investing for your own financial freedom?

One step to financial freedom is to have a good knowledge of real investment and investment vehicles. Financial literacy is a must. We must be willing to learn. We should have a learn-it-all attitude all the time. Sometimes what we know might not be the good one. Take time to learn about investment now.

Friends,  I invite you all to join me in my own journey to Financial Freedom.



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