tag:blogger.com,1999:blog-874719064634626617.post3138212365643908430..comments2023-08-03T11:14:39.792-04:00Comments on Keith Reed's Money Corner: Do you know what investing means?Keith T. Reedhttp://www.blogger.com/profile/11096646974898360459noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-874719064634626617.post-72834532610828178482008-11-13T10:29:00.000-05:002008-11-13T10:29:00.000-05:00I bumped into a friend who told me, "Look at the m...I bumped into a friend who told me, "Look at the market, investing in a 401k is a waste." And in the same breath admitted he bought $600.00 in bottle service over the weekend. <BR/><BR/>Spending $600 on something where you are certain to get 0 ROI is ok, but investing in your financial future where there is some change of return is a waste?? BOGGLE!!Unknownhttps://www.blogger.com/profile/11307707353610680912noreply@blogger.comtag:blogger.com,1999:blog-874719064634626617.post-37235388026520893342008-11-10T11:27:00.000-05:002008-11-10T11:27:00.000-05:00Investing is one step above blackjack on the ladde...Investing is one step above blackjack on the ladder of legal gambling.<BR/><BR/>I kid...kinda.<BR/><BR/>To me, investing is taking my money to buy shares in a company or fund, with the idea that over time, the value of these shares will increase moreso than if I had put the money under a mattress or in a savings account. With increased earning potential, there is increased risk in that the shares could also lose value, hence why you diversify your portfolio (your collection of various investments like stocks, bonds, real estate, savings accounts, etc.) to mitigate as much risk as possible.Velvet Joneshttps://www.blogger.com/profile/14918734111188762591noreply@blogger.comtag:blogger.com,1999:blog-874719064634626617.post-91867403269172907822008-11-10T10:36:00.000-05:002008-11-10T10:36:00.000-05:00What I've always understood investing to be is alm...What I've always understood investing to be is almost two- maybe even three-fold. Investing to me is not only placing your hard earned dollars (whether it's money you've already saved or a portion of your regular income) into lucrative businesses, stocks and bonds, but also knowing when and where to move that money. That's the part that always confused me though because if you aren't familiar with how to do it in the first place, it's going to be difficult to wrap your head around the strategy of it all. The last part about investing that I was recently told deals with effectively using your income in order to be able to stretch it and essentially do more with less. Saving is the first hurdle, I guess developing proper methods of investing would be the next. Right?TSM (The Style Maverick)https://www.blogger.com/profile/07411035350380010655noreply@blogger.comtag:blogger.com,1999:blog-874719064634626617.post-72327838257613024212008-11-10T10:34:00.000-05:002008-11-10T10:34:00.000-05:00Hmm... my daddy always says, "its not how much you...Hmm... my daddy always says, "its not how much you earn but how much you save (invest) that matters". Beyond the obvious long and short terms rewards of investing I think that investing really is sort of symbolic in a sense... symbolic of personal discipline and sacrifice.Butterrflyhttps://www.blogger.com/profile/01617241178296196884noreply@blogger.comtag:blogger.com,1999:blog-874719064634626617.post-54918400689376176722008-11-10T09:54:00.000-05:002008-11-10T09:54:00.000-05:00A test bright and early Monday morning, you know t...A test bright and early Monday morning, you know that isn't right Keith.<BR/>Ok to me investing means that I take money that I have either in savings or money from my check and I put it in either a business or stocks or some (trying not to use the word investment) venture that will help me to ear more money over time. I guess that's it in a nutshell...so did I pass????<BR/><BR/>PJDProduct Junkie Divahttps://www.blogger.com/profile/08803316091567705820noreply@blogger.com