Friday, September 4, 2009

Would you rather save money or re-invest?

I use to be a saver myself, however due to the recent hype of investment I am now more proned toward re-investing my own assets and yes, it involved risk. sometimes they call it calculated risk, some times it's luck and some times it's miracle.

luck= opportunity + preparation
miracle= doing the same thing, expect different result.

my advise, in whatever we invest in, do our homework - understand the industry, the ins and outs, the strategies (exit, marketing, sales, management), do an investment plan, check out the market.

the good news, there are alot of different ways to do our homework; hire professionals (involve money), do sampling; just make an estimation, ask friends and people around you. oh yes, join forums.

gradually, you'll increase your experience and knowledge. and the more experience gained, you reduce the risk involved. finally be persistent.

err, and i don't think i want to drool about the types of investments out there.. hahahahahah, and the more i write, the more i feel like writing a college report for marketing and investment.

anyway, good luck for all the investment we are going to put our money in.

p.s Plan B - Save

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