Thursday, May 7, 2009

The Importance Of Investing Money For A Rainy Day By Steve Hill

By Draag Team

Money in my opinion is not the most important thing in life, but it is nice to know that you have a certain amount of money, saved or invested, which you can use if needed. I actually think that health and happiness are the two most important things in life. Having this pool of money helps to keep me healthy and happy, as it means that I do not have to stress as much about the future. I only really realized the importance of investing money, when I was twenty-three years of age. Up until this age, I would always spend all of my wages and did not care if I was overdrawn in the bank. I used to think that I could die tomorrow, so why bother about saving money which I might not ever use. This is a bit stupid, I know.

At the age of twenty-three, on one particular day, I was having a conversation with a friend called Tim. He basically earned the same amount of money as I did and lived a similar lifestyle. Tim told me that he was thinking of buying a flat and that he was going to cash in his investment bond to help fund the move. I was very shocked that he even had a bond and asked him how long he had had the bond, and how he had managed to get the money to put into it. I expected Tim to tell me that his parents had given him the money, but they hadn't, he had saved up the money himself.

This simple decision (a $89.50 decision) skyrocketed the performance of my forex trading operation from a 6% monthly return to a stunning 262% monthly return within my first 30 days using the system, so to me forex trading has become a totally different way of investing money with a totally new perspective about what I can expect to gain from it. I know you are probably wondering what am I talking about, or maybe you are guessing that I am talking about one of many forex systems you have heard of. Well, indeed, I am talking about a software called the Forex Autopilot System. This software probably resembles other systems out there like the Forex Killer, but the difference that I found between these two, and what finally made me go for the Autopilot Forex System, is that this one does everything automatically. I mean, it does the actual trading for you, a fact that I must honestly tell you: it simply blew my mind. So the expense involved in purchasing this system is a different way of investing money that maybe does not strictly qualify as an investment, but it will surely deliver a return like no other money you put to use.

It did not prove to be that difficult and it was a good feeling seeing a healthy bank balance for once. After only eight months I had saved my target of 1000. Instead of putting it into a bond, I decided to take an even bigger risk and to buy some shares. I am happy to say that two years later the share price of the company I had chosen to invest in, had risen by sixty percent. This I have to admit was pure luck as I had simply guessed at who to invest in. The company I chosen had had a dismal few years and its share price was at its lowest ever level. I had heard that the company had recently had some major changes at the top and I decided to gamble just on these few facts.

The concept of diversifying comes into play when you split your investments between these two forms. This will involve both loaning out money with a set return and taking some risks by buying fractional ownership of businesses or mutual fund companies.

Before I started to save up money, I would often get quite stressed about the future. How would I be able to buy a house? How will I be able to buy a decent car? These are just two of many questions I would ask myself. I would try to ignore the questions by saying to myself that at that stage of my life, I should be earning more money. I am now very happy that I had that conversation with Tim. Investing money in the way that I do has helped me to get onto the property ladder and also helps to fund my yearly holiday abroad for my family. It also gives me a peace of mind for the future and helps to to sleep easier at night.

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