How to make your money GROW?
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Whatever investments you are going to go into, it's always good to diversify your funds and not to put all the eggs in one basket.
yeah, i agree with u.. one reason why i diversify my funds is also bcos it will hinder me from touching the money easily/conveniently. -
It all comes down to the price you pay
Every year, the typical hedge fund collects 2% of the amount invested, as well as 20% of any profits made. It's not difficult for any student of mathematics to understand that, over time, this seemingly small amount can become quite significant.When you invest in funds, always take note of the management fees you have to pay. The lower the better.
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Originally posted by Evangel:
It all comes down to the price you pay
Every year, the typical hedge fund collects 2% of the amount invested, as well as 20% of any profits made. It's not difficult for any student of mathematics to understand that, over time, this seemingly small amount can become quite significant.When you invest in funds, always take note of the management fees you have to pay. The lower the better.
Agreed. Invest in a low cost fund
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Originally posted by Passive Income1:
Time is the greatest friend for compounding of money. Another way is to buy foreign currency such as the aussie and/or kiwi dollar and put then into fixed deposts. Can be around 8.5% interest per annum, compared to the poor Sing deposit rates of less than 1%
Having said that, currencies do fluctuate... so do factor this risk in as well.
Make good money while the sun shines. Come visit my www -
I believe there are many ways to grow your money, either in stock, bonds, unit trust, landbanking, oil pods bla bla bla.. many more..
Market right now is under inflation, economy wont recover so fast...
I recommend to invest in properties or wine investment as some of u talk about it.
As you can CONTROL your investment/assets.
Having control of your own investment rather then losing paper losses...
