Thursday, October 9, 2008

Investment options

In my other blog I mentioned of ways on how to deal with crisis. Mostly it is about spending less and saving more. I guess this is the average person's idea of dealing with crisis. Nothing bad about it. But I heard that the rich people have another way of dealing with crisis. They invest more. Now, of course I am not rich but I am curious what kind of investments these rich invest in?

I know what a mutual fund is and we have made an investment already. However an agent has invited me to open an account with futures trading. The term she used sounded all too alien for me but it sounded interesting as well. Note to self: google it first.

In times of crisis and being middle-middle class, is it wise to spend money on investments? Or is it better to be safe and keep the money in some secure banks?

I think I better read more of Robert Kiyosaki's Guide to Investing.

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