Prepare for Stock Dive

 The stock marketa dive? It could be happen. Some people shift money to safe asstes . Of course it must be gold. In my recent researach, i found the gold is still is the best investment. 

you have better to use the monye in stock, which means you have to sell your stock first, for buying anything. Today, some asset decrease, my sister buy a cheap huge house. You have to find other lucy at other place too. I also rad at wisebreasd. tehree are some effort to prepare stock market dive

While gold price increasing, It is not good to sell gold today

 

We have no debate that gold is precious metal. It is the best investment today, tomorrow and past day. People use it as Jewel and saving. When they need money they sell it.

Recently I have heard, the most gold shop in my hometown charges higher cost to jewel sell. Certainly, the jewel oner cannot complain the charge cost. The shops charge the made cost of the jewel higher than usually. So to sell the gold is not good today. On the other hand, the gold price also increase.

In my opinion it is not fair but we cannot protest to the shops. If you want to sell the jewel you may go to other shops. Unfortunately, other shops also charge higher cost. In my opinion, there are a cartel to set the higher cost price. I believe the seller what to stabilize the gold price. They will be loss when most people sell their jewel. I believe it is not good for shop. The seller will sell to people while I doubt it too.

Everyone needs the stable gold price du its as safe heaven. It is nit good when the gold prices decline and the people will not believe to the gold price. We cannot avoid the people need money. The shops supposedly be wise to this they do not have to charge higher cost as long the

For the man who have so much money, they will not sell the jewel today. They may hold for some time.

I believe that nothing last forever. Gold may make you loss too. When people sell the gold you cannot use it to but a slice of toast to or a bowl a rice.

5 Worst Mistakes New Graduate

Economic has no recovered yet, but you have already passed the graduate. The jobs supply is very low. Everyone struggles to find the right jobs. Some graduate dare to apply a job that pay little money. They do not care whether the salary low as long they can work

Those five worst mistakes are:

Not Investing

Some teenage do not think about the future because the father can cover the spending. They do not want to try making money because their mother can give money any time.

Some others do no invest at stock or mutual fund because the investment has risk. They prefer sacking money at bank account or certified deposit. The return of free risk asset is often lower than inflation rate.

When they graduate, they just have some money. The saving does not increase while other spending increase so much. They must ask parent money.

Not Budgeting

Either rich teenage or poor teenage needs budget because it helps them manage money. Rich man can save more money, but poor teen can decrease the spending. Either rich or poor should be able to save. The rich man allegedly not to spend the entire money they have. They can save or invest the money. They may spend money for leisure, but they should allocate ten percent for saving.

By budgeting, you can also decrease the spending. Delete the useless spending such as leisure, cinema, eating out and else. You can also spend less like food, cloth, or others. There are so many alternatives to buy cheap things.

Have a loan of things that lose value

Some people borrow money for anything. They do not realize that the things lose value as the time goes by. A car, for example, decreases in value from year to year. We buy the car at $ 50,000, but we will not be able to sell the car at the same price next year. Those things others that lose value are: furniture, appliance the gadgets. Do not forget that you must also pay the interest that grows twice.

I borrow money when I feel I cannot find the money. I will not borrow money for leisure things or lose value things. I also doubt borrow money even for things that increase value such as education, house, and business. When we build a business, we side with lose risk. On the other hand, we still pay the principal debt with interest. Unless you sure the business can make money, you are better not to borrow money.

Not building saving

A new graduate should save when they study at the college or university. They can use piggy bank or cash bank to save the coin. Insert the coin when you get the changes from bookstore, grocery, restaurant, and others.

You can use the saving when you graduate. You need some money for searching jobs. At least, you should send the mail to the company. Sometimes you need to travel to other country where the company calls you to an interview.  

Of course, when you graduate you still need food. Perhaps you have not got the job yet and you need money for eating or clothing.

Ignore windfall profit

I got abundant money when I studied at the university. I just spend the money for food and book. Every time I asked my father for money and he send the money soon.  I never though it was the windfall profit. I wonder I could use my father’s money to build a business or investing. I may get money from the business now. I do not have to find jobs that waste my time and my money. Of course, I will not come back again to the past. You should not do like me. Use your windfall profit to reach your dream.  

Read Also:

Smart Financial Moves For Teen

Financial Advice For Teenage

How to invest your self

Investment is not only stock or bond. You can also invest to your self. I think this is the most profitable investment. When you use money for invest your self you do not spend your money but you save your money for your skills.

You have to kind to your self. Though you have bot much money but you should to   

Develop your skills

You must have a skill or every people have skill. Some people have developed the skill but some other not. You have to develop the skill to make more money. The employee would like ire the very skilled people. Here are some ways to develop your skills

Get higher degree. You can get the higher degree. For the high school graduate you may enter the diploma school. For the Bachelor, you can enter

Attend training that relevant to your skill. You can get the experience and the new tips and trick from the experts

Expand your knowledge. There al lot book and journal that can expand you knowledge.

Explore your creative side

The creative people must be a rich man. They can sell their idea to other people. To be a creative man, you can do like this

Read the book, magazine and others. There are story of creative people that may motivate you to become creative. Perhaps you have some idea from other people.

Learn a new a language. I also learn some language .I love Arabic language and I study at the elementary  

Learn cook. Perhaps your kids are bored with your cuisine. You can try to learn cooking something new.

Learn to create hand craft. Some and craft is easy to made. you can make it and get some dollar from it.

Nurture your mind and body

Read anything that you like. Certainly you should read the good thing only that can lead you better. Do not read any garbage that just produces other garbage.

Open your mind

Try to receive other people suggestion and forgive ourselves.

High salary employee need also invest

You must be happy when you have high salary. you can buy anything that you like. You can eating out frequently. You can buy the car that you like it very much. However, you must remember that some day you will not receive the high salary. Perhaps your boss fired you or perhaps your company bankrupt. You cannot work again because the accident. Any reason that caused you have no job. That is why you need to invest your money beside saving. One day you need the money to fulfill your spending. You can still buy anything that you need though you have no jobs. You can set aside money from salary for investment. There are lot investment. Long time ago, people buy land to make money. They can use the land for farming that produce grain or cattle. They can hire the land to other people so they receive money.

Invest is not share only: the alternative ways to invest your money

Some people generalized that share is an investment. Certainly, the share is an investment but it is not the only investment. There are some varieties of investment that you can use to grow up your asset. Some people may no realize that they have invested in certain place. The students who study at the college invest their time and money at education. Most student hope they will get benefit from it at the future. After graduated, they can apply to some company who want to pay them. They will receive money that s called salary or wages every month. A student study hard until night to get good mark and high GPA. They believe when they have good mark, it is easy to get the jobs. The company likes to recruit the clever student because the clever can make the company benefit. The company will not hire the stupid student. It is very hard to get good mark. Some people study until mid night. They type papers up to hundreds page. Sometimes they have gone to the lab for practicing. For four years, you should graduate from the university. I think it s not easy. When we at college, we do not get salary. When we connect to other people, we also make an investment. Getting a good friend, meaning we have a good investment. Your friend is greatest investment in world. They will help you when you need, and you will help them when they need. It is not easy to find a good friend. Only few people will be kind to you. Most of them are bad people. They juts want to help you because you have helped the. Whenever you down, they do not care about you buy they are happy when you fall. Most people just believe the importance but they will leave you when you fall. In a China phrase “Honesty is the currency that is valid everywhere”. When people trust you they will give everything to you. They may give you money to open a business. We can share the benefit to the people who have share money. When people do not trust you will be difficult to reach the success. People do not give you money moreover jobs, they feared that you will steal the money. They also fear because you will not finish the jobs. It is not easy to keep people trust to us. Once you lie, they will never believe you.

Invest when you young to get the higher return

Most young people do not think about the future especially the rich one. They think that the money cannot lose. Their parents also provide the cash to them. Whenever they ask money, the parent gives them. They think they can get the money anytime. They spend money for the useless things. They buy expensive cloth, expensive car, and others. Sometimes they go to a pub and dance until early morning. Supposedly, they can use money for important thing. They can save the abundant money so they can use it at the future. When you get money you can invest it. Do not spend all your money for today only. You will need it. When you have so much money, it is time to multiply your money. By select the right investment, your money will double in the future. It takes time to double your money. There are some investments that can increase your wealth. You can invest at capital market if you like or you can invest at the real investment. People like invest blue chip stock that can grow your money for long term. When you redeem twenty years in future, your asset will grow many times. The investment is different to the saving account or certified deposit. Sometimes we can win and sometimes we can lose. The younger can take thigh risk when they are young. When they lose they can find other money. On the other hand the old man cannot take the risk. They may have no job so they must be careful when they step their foot. The young can invest at education. They can find the master degree or doctoral degree that can increase your expertise. I believe your boss will increase your salary hen you hold the higher degree or other company will hire you. If you have less money, you can find the course that relevant your expertise. You can be an expert after attending the course. You can also consider to buys some real asset. Saving your money for your house where you will stay with your family. The house it is not cheap and it needs dozen years to saving money until you can buy it. You must be sorry when you do not invest at young. You will have not much money at old time and you can make money at the old time. Rarely the company employs the old man except you are the best employee.

Saving or investment; Which you prefer?

At the end of the month, you still have cash. The boss give you the bonus after you finish some project or your business get order from the customer. They celebrate it at the cafe and restaurant but they still have money. They do not know spend the money. If we find this case, we can save or invest the money. We may be confused to put money whether in saving or investment.

Saving your money does not increase the number of money if you save in cash box or piggy bank, however, you can withdrawn the money anytime. You do not hate to go to the bank office or ATM. The cash box also does not charge you administration fee.

If you put money in investing, you can make more money. Some stock has return around 17% in good economic. However, most stock has decline. We do not know when the stock rise again. The investment is also high risk. We can loss all money in the investment.

Either you invest your money or save your money is your decision but you should consider some aspects:

1. The financial goal

Do you have financial goal for short term? If you have plan to buy a notebook, you are better to save your money at cash box. You can withdraw the money anytime. If you have still other money, you can invest it for long term goal. For example: you want to buy a house. You are better to invest your money. Buying a house is long term goal for most people due its price is so high. Rarely, we find people pay the house cash.

2. Budget

It is not difficult when we have budget our money. Rarely we find the excess cash at the end of the month. See the proportion of the investment that you should spend. Share the excess money to either saving or investment. 

3. Emergency fund

Only one third US people has emergency fund. If you have no emergency fund, you can save your money as emergency fund. It helps you when you need money immediately. You have better to have emergency fund that six times your monthly expenses. If you have provide emergency fund, you can invest your money.

Both saving and investment is a good habit and can raise your wealth. You are better spend your money at saving or investing rather than unnecessary things.