Image via WikipediaFinancial IQ Philippines Quick Hit(s):
"Investing" is making an informed decision. Cost averaging (wherein fixed amount is invested on a regular time frame) works out quite well for typical investors.
Question: I have seen a lot of blogs, discussion groups, articles and even videos on investing. I am truly convinced that we need to invest. However, I am having trouble getting my spouse to buy in on the need to invest for our family’s future. What is the best way to do so?
Answer: Investing is actually a boring activity with no immediate benefit to enjoy. Just try watching those investing channels and see how fast you either press the channel change button on your remote or fall asleep. If you insist on watching, you better put on a lifesaver as you may also drown in the myriad of alien terminologies that they use.
Yet you can have your cake and invest too. Here are some suggestions on how to make investing easier.
1. Learn as a team
2. Gaze into the future
3. Have fun
4. Start small but think big
http://business.inquirer.net/6775/i%E2%80%99d-rather-be-eating-cake-than-investing
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