Back in depressed people commit suicide after losing their savings, homes and everything they owned. In 1987, people jumping out of windows and now in 2008 the stock market headed in 8000 points and the global economy faces an adaptation of the restructuring. Some people are stressed out, wondering if they are investing for eternity.
After all, those who are in real estate investing a tremendous amount of grants and many havelost everything after taking off because they had negative equity. The people who invest in the stock markets see all their gains over the past 5 years, almost disappearing during the night (some weeks) and those who want the money in my bank if your bank the order will be the end of next business day.
Where is the best place to put your money where you keep your money where it is grown? What is the best investment for you in this troubling and turbulenteconomic times, you ask? Well, first of all I want to emphasize that most Americans are basically economically illiterate, without time for money, how the stock market, elements and principles of risk and reward, bonds, mutual funds, investments, or concepts allocation of the portfolio.
You see, it is my belief that every person who needs to make the personal investments of any kind training early in the financial sector, the credit card debtMortgages, interest rates, equities and the economy, taxes, wages and other speculative investments. I would recommend a very good book for you:
"Personal Finance" by Wilbur W. Widicus and Thomas E. Stitzel, Irwin Publishing, Homewood, IL, 1980.
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