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  1. #1
    Hail Enki Grpeephole303's Avatar
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    Default Peeps suggestion to you.

    I dont care what age you are this is an important peice of information ill be giving you.

    As much as i hate the current monetary system you have to work witht he tools you are given in a world to survive.

    So peeps suggestion to you.

    YOU ALL SHOULD GO TALK TO AN FINACIAL ADVISER

    What you may not know is there is a constant inflation going on in the world including your governments. What my adviser told me is governments usualy settle for 3% per year.

    So every year say if you have 100$ next year your money will be worth about 97$ compaired to what it was the year before.

    So what you should be doing with your money is talking to a finacial adviser and see if you can find a plan that gives you more money than the inflation rate will be so while your monies value may be diminishing each year your moneys growth will match that of what your money is worth.

    But by doing this you have a risk factor. you may never lose money in lower risk investments however your interest rate will not be above that of which the inflation rate will be therefore you actualy are losing spending power.


    So my suggestion for all of you younger and older(most likely older have already started) is go to whoever you do your banking with and speak to an adviser to find out what type of investments would be good for you.... its always good to start investing earlier

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  2. #2
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    RED 58's Avatar

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    Default

    My family just buys gold

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  3. #3
    Hail Enki Grpeephole303's Avatar
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    Default

    Quote Originally Posted by RED 58 View Post
    My family just buys gold
    Thats a good form of investing if you sell the gold to get money back :P but you thats a low risk investment so you wont make as money money say if you were buying stocks or putting money into Bonds

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  4. #4
    Josh's Avatar

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    Default

    I've already started when I was 16. Savings bonds will payback in the future for sure .

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    Collabo with my boi Artemis :3



  5. #5
    Hail Enki Grpeephole303's Avatar
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    Quote Originally Posted by Josh View Post
    I've already started when I was 16. Savings bonds will payback in the future for sure .
    Yeah i think i should invest half into precious metals and the other half into bonds when my accounts start getting action

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  6. #6
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    RED 58's Avatar

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    Quote Originally Posted by Josh View Post
    I've already started when I was 16. Savings bonds will payback in the future for sure .
    I have one for $50, it's an EE. Is that good?

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    Quote Originally Posted by Iced View Post
    Red 58 = Swoot (Reincarnated)
    Quote Originally Posted by GOOBER View Post
    Terr0r you need a Gecko. Lets go to the Pet store and buy one
    Quote Originally Posted by ABlackGuy View Post
    He may not have a soul but he still has a brain. Unlike Russ who has neither.

  7. #7
    Diehard Swaggy's Avatar
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    Piece*

    With*

    Compared*

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    Last edited by Clay10; 03-03-2013 at 03:53 PM. Reason: Merged
    swagswagswagswagswagswagswagswagswagswagswagswagsw agswagswagswagswagswagswagswagswagswagswagswagswag swagswagswagswagswagswagswagswagswag

  8. #8
    Hail Enki Grpeephole303's Avatar
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    Default

    Quote Originally Posted by BeastBoy View Post
    Piece*

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    really kid?

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  9. #9
    Diehard Swaggy's Avatar
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    Quote Originally Posted by Grpeephole303 View Post
    really kid?
    At least i`m a kid that can spell.

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  10. #10
    Hail Enki Grpeephole303's Avatar
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    Default

    Quote Originally Posted by RED 58 View Post
    I have one for $50, it's an EE. Is that good?
    keep adding money into it when it has low buy in rates and you`ll start making more money

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