If you’ve read any financial magazines or newsletters, it is easy to get lost in their analysis and complicated terms. Based on what has happened on Wall Street, even the so called experts don’t seem to have a clue.
When it comes to your hard earned money, simple is never complicated or hard to understand. Save some of your hard earned money and put it in the bank. The financial pundits keep telling you to invest your money so it will earn at least 10% interest per year. Unfortunately, they never tell you WHERE to get the interest except investing in the stock market for the next 100 years.
Put your money in a savings account or CD’s. It’ safe for the time being and you don’t have to worry about exotic investment deals. Wait, the financial pundits are saying, putting your money in CD”s is not wise, you are not earning enough, look at what we can offer you: prime loan banks, sub prime mortgages, gold investments, etc.
Don’t’ fall for all those scams. That is what most of them are. Why do I say this? Because most of them will lose your money!
If you don’t know what they are talking about, hide your wallet and run! Don’t let your greed for higher returns cloud your judgment.
Jacques
CreatingWealthThatLasts
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