Given the uncertainty in the global financial and economic environment, how should ordinary people invest their long term savings to earn an adequate income and to cope with the higher rate of inflation expected in the next few years?
This is the question asked by many people. I like to give my views.
First and foremost, nothing beats having a good income through work or business.
ReplyDeleteOnly then can one save and have enough money to invest for better returns.
If not, where to get the capital to invest to start with, even if one is very investment "savvy"?
Can one earn a living or even become rich just through "investing"?
Maybe by punting, which depends on hope and luck, and which are all four letter words.
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ReplyDeleteSadly not many knows about these products . But once again its individual responsibility to protect themselves.