> When You Have Money What Do You Invest In?

When You Have Money What Do You Invest In?

Posted at: 2014-12-05 
Invest it in your own education. Stop reading get-rich-quick schemes. Things that have been around for centuries and millennia that humans find value in might be a good start, as such things will likely be considered valuable for a long time to come. Examples might include, real estate, precious metals, stocks and bonds.

If you have money to invest, and know nothing about investing, you should consult an "independant investment advisor" who will suggest to you what to invest in, considering your aims and needs. He will charge you a fee for doing so, the amount depending on the amount invested.

Basically the income has to be balanced against the risk involved - high income from a given amount faces the biggest risk of losing your investment.

Basically I invest in managed mutual funds and have been

doing so for over 24 years. I let the fund manager do all the

picking of the best stocks and bonds all for a low fee.

See Vanguard, Fidelity or TR Price for some good funds.

Basically, every book, every get rich scheme, every advice section/article all say you get rich by investing your money, but they never say what to invest in, is there a secret meaning to investing? Whats going on? Please explain. Thank You!