Investing Money

[Dizaster]

Here ya go buddy...

The other suggestion I have is go make an account at the forum Self-Made VIP - Self-Improvement, Success, Financial Freedom It is an upload forum where everyone shares (no pun intended) stuff regarding finance and making money, but just about anything about being successful...

Here are the Robert Kiyosaki books I was talking about.. Nothing like having a hard copy in your hand, but if you get a chance to read these books in any form you'll be really happy and really clear on what you want to do next..

http://rapidshare.com/files/856897/kiyoski.zip 
Password: www.selfmadevip.com or selfmadevip.com

THE CASHFLOW QUADRANT will reveal why some people work less, earn more, pay less in taxes, and feel more financially secure than others. It is simply a matter of knowing which quadrant to work from and when. Have you ever wondered: * What the difference is between an employee and a business owner * Why some investors make money with little risk while most other investors just break even * Why in the Industrial Age most parents wanted their children to become medical doctors, accountants or attorneys...and why in the Information Age those professions are under financial attack Have you noticed that many of the brightest graduates from our universities want to work for college dropouts...dropouts such as Bill Gates of Microsoft, Richard Branson of Virgin Industries, Michael Dell of Dell Computers, Ted Turner of CNN Dropouts who today are the mega-rich of society. This book will answer some of these questions and also assist in guiding you in finding your own path to financial freedom in a world of ever increasing financial change.

http://rapidshare.com/files/134346848/Rich_Dad-s_Guide_To_Financial_Freedom_Cashflow_Quadrant.pdf 
Password: www.selfmadevip.com or selfmadevip.com

http://rapidshare.com/files/134334457/Rich_Dads_Guide_to_Investing.pdf 
Password: www.selfmadevip.com or selfmadevip.com

[Master]

I always play it safe with guarantee returns on bonds which are safer. I have been burned leaving it up to the market. The fat cats screw you over no matter what they say otherwise.

[Gandalf]

I always play it safe with guarantee returns on bonds which are safer. I have been burned leaving it up to the market. The fat cats screw you over no matter what they say otherwise.

Too true. It's okay for those with millions to throw money around like confetti. But for regular types it's a serious business as that money is all one has. Whatever I do, I will always try to be careful as far as possible. Again, I know nothing about bonds either so will have to do some research.

[HattonTheHammer]

no money to invest

whatever comes in usually goes out within the year on clothes, holidays, booze, women etc

i had a savings account for 6 years and managed to save up 5k, spunked it all away on a fiat that lasted me 6months before it broke down

message from this story - dont invest in fiats

[Nameless]

The first commitment is:

If somebody offers you 8% of interest when the rest of the market offers 4-5%, BE reluctant and don't trust too easily.

[El Kabong]

I just had to figure out where to put my yearly savings in my 401(k), I'm going with more overseas investing this year (along with a little bit in Vanguard S&P 500) as I am 100% certain inflation will happen soon and therefore a World Bond Fund looked really nice to me.

[killersheep]

I just had to figure out where to put my yearly savings in my 401(k), I'm going with more overseas investing this year (along with a little bit in Vanguard S&P 500) as I am 100% certain inflation will happen soon and therefore a World Bond Fund looked really nice to me.

How often do you reallocate your 401k?

[leftylee]

no money to invest

whatever comes in usually goes out within the year on clothes, holidays, booze, women etc

i had a savings account for 6 years and managed to save up 5k, spunked it all away on a fiat that lasted me 6months before it broke down

message from this story - dont invest in fiats

A Fiat Punto was it ? I've heard bad things about those cars.

Cheap Italian shite is what Fiat are

[leftylee]

As for you Miles easy solution - Hide it under the floor board.

I'm being completely serious. My Uncle is a joiner/builder who runs his own business and makes very good money. He blags the taxman says he's making half. Never uses banks doesn't trust them. Pays everything cash only. All hidden under his bedroom floor. Has thousands there.

[HattonTheHammer]

no money to invest

whatever comes in usually goes out within the year on clothes, holidays, booze, women etc

i had a savings account for 6 years and managed to save up 5k, spunked it all away on a fiat that lasted me 6months before it broke down

message from this story - dont invest in fiats

A Fiat Punto was it ? I've heard bad things about those cars.

Cheap Italian shite is what Fiat are

yes it was mate

only realised 3 months in that the dodgy gearbreak was down to a faulty engine that had been serviced and tested on several different motors and was thus in technical terms "knackered out"

Along with shit steering, a flatulent exhaust i pretty much just gave up on the thing and took a 3.5k loss within 6months from a local second hand trader who no doubt fixed it up and sold it on for a ridiculous profit

[Gandalf]

Nice one, Diz! I will download some of that and maybe buy later on.

I really haven't got a clue about finance and managing money and it needs to change.

[killersheep]

Here ya go buddy...

The other suggestion I have is go make an account at the forum Self-Made VIP - Self-Improvement, Success, Financial Freedom It is an upload forum where everyone shares (no pun intended) stuff regarding finance and making money, but just about anything about being successful...

Here are the Robert Kiyosaki books I was talking about.. Nothing like having a hard copy in your hand, but if you get a chance to read these books in any form you'll be really happy and really clear on what you want to do next..

http://rapidshare.com/files/856897/kiyoski.zip 
Password: www.selfmadevip.com or selfmadevip.com

THE CASHFLOW QUADRANT will reveal why some people work less, earn more, pay less in taxes, and feel more financially secure than others. It is simply a matter of knowing which quadrant to work from and when. Have you ever wondered: * What the difference is between an employee and a business owner * Why some investors make money with little risk while most other investors just break even * Why in the Industrial Age most parents wanted their children to become medical doctors, accountants or attorneys...and why in the Information Age those professions are under financial attack Have you noticed that many of the brightest graduates from our universities want to work for college dropouts...dropouts such as Bill Gates of Microsoft, Richard Branson of Virgin Industries, Michael Dell of Dell Computers, Ted Turner of CNN Dropouts who today are the mega-rich of society. This book will answer some of these questions and also assist in guiding you in finding your own path to financial freedom in a world of ever increasing financial change.

http://rapidshare.com/files/134346848/Rich_Dad-s_Guide_To_Financial_Freedom_Cashflow_Quadrant.pdf 
Password: www.selfmadevip.com or selfmadevip.com

http://rapidshare.com/files/134334457/Rich_Dads_Guide_to_Investing.pdf 
Password: www.selfmadevip.com or selfmadevip.com

I'm not a fan of Kiyosaki, what he says makes sense, but can be summed up very quickly.

Get rid of your debt and spend your money on things that pay you back.

Right now I am expanding my nest egg again because I plan on taking on a few more bills next year. My stock portfolio currently consists of mostly bond etfs (with dividend yields ranging for 4% to 11%) and the remainder temporarily in broad index etfs. If I was to be actively looking to do short term trades right now I would be playing a presumed decline in the value of the dollar by looking at commodities, specifically precious metals, more specifically silver.

If someone is looking to read a book on how to really make money in the market I recommend a few. The first that helps you understand the mindset of active traders in the market is:

Extraordinary Popular Dillusions and the Madness of Crowds by Charles Mackay.

The second book I would recommend is

How to trade in Stocks by Jesse Livermore.

My current theory is to have about 70% is secure positions and 30% in high risk speculation. There is a lot to learn and know, what makes it the most confusing is that everyone has a slightly different strategy and uses different indicators.