Where do you park your spare funds? Keeping all funds in one basket is unwise, leaving it all in the bank depreciates your money, uninformed investment exposed you to loosing it all. There are just so many investment vehicles out there.
We could be doing a proper diversification on our investments into:
- Short term, high liquidity investments
- Mid-term and sound investments
- Mid-long term investments to lock away funds
Investments with high returns (10% or more) are usually exposed to high risk as well. This could be in the form of stock market investment, Unit Trust, etc. Average investments (average of 2-5%) includes Insurance based products, bonds, blue chips, etc. Low returns investments are the 'safest' but gives you pathetic returns and they includes savings (current savings interest being 0.29% pa).
Remember, economic analyst projected an inflation of about 2.9% for this year, 2007. If you keep your funds in investments that pays lesser than inflation, your money has depreciated. You loose almost 3% just keeping it in the bank. You loose even more, eg 7%, if you spent it (7% GST).
Give this a thought, a mid-term investment that gives you an average of 15-20% Guaranteed Returns, plus Capital Protection. Sounds too good to be true? That's because you've not been exposed to such opportunity or info.
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The man-on-the-street Point-of-View.
About Me
- Cookie
- I am doubling as a Mortgage Consultant, helping clients with their property loans. I will embarked onto my next career, as a Property Sales Person in Feburary 2012, now that I have secured proper education and licensing. My client’s priority is utmost important to me as I believe that everything will take care of itself later on. Honest business ethics is important. Trust is build over many years but only takes 5 minutes to ruin it.
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