I is for investment

We live in costly times!

My son’s tuition fee in preschool is much, much higher than my tuition fee in medical school! We spend 1500 – 2000 pesos per week on gasoline — and we do not travel much, just to and from work and school, but our last trip to Canada was marvelous, You can find some good advice on a Canada holiday here, it is a good budget you just need to take the time for it.

I still remember my first experience going out of the Country, we went to Thailand and it was a marvelous trip.

So in other topics, the Electrical bills have doubled this month. And groceries are also getting more expensive.

The value of our money is simply not the same as it was before. And that’s because of inflation.

The only way to beat inflation is to put your money in a vehicle where it will earn interest that will earn more than the inflation rate.

Another thing we should do is diversify — keep money in different investments so that you spread your risk around.

That’s why aside from investing in the common instruments like a time deposit, stocks, bonds, mutual funds, and some real estate, we could also buy gold bullion.  These are quite stable in price and would maintain its value through the ages even.  Of course, we should get from a trusted source like the United States Gold Bureau.

Investing is also a way to prepare ourselves for our future retirement.  We can’t work all our lives but we shouldn’t be dependent on our kids either.

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This entry was posted by admin on Saturday, May 8th, 2010 at 1:04 am and is filed under Uncategorized . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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