I can't for the life of me figure out investments. Anything that involves numbers kinda gives me a glazed expression. (It's one of the reasons I took up Comm in college!) And I'm quite sure I'm not the only one. So each month in Good Housekeeping, we try to break it down for our readers in our Good Money section, in terms people like me could understand!
How wonderful it is that there's a new show on GMA7 that has the same thrust.
You work hard for your moneh--Pesos and Sense is all about making your money work hard for you! First episode airs tomorrow (Saturday, September 3) at 8:30 AM. Now there's a good reason to get up early on a weekend!
My favorite place to put money is into the retirement account because my employer matches up to a certain percentage. That doubles the investment right at the start--the account is with an independent investment firm and belongs to me. I feel better about that versus a company-managed account or one that's based on the company's stock. It's good to learn about long-, short-, and intermediate-term strategies for balancing the risk versus the expected return.
ReplyDeleteSigh. Things our developing country doesn't have. I don't know if any of the companies here match up anything employees put away for retirement.:s
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