Aug 20, 2008

Do You Really Need To Be Thinking About Investing?

The answer to this question is the same for every person yes. Unless you have guaranteed access to an unlimited supply of funds, then you will undoubtedly need to apply some investing strategies at some point in your life in order to ensure your
financial stability and well being throughout your lifetime. The fact is that we cannot predict the future, but we can help to prepare for it financially.

First, most investing experts will recommend that you have more than one kind of investment those that you can touch and those that you cant. For example, many experts recommend that you have a savings account that is easily accessible in an emergency and that is funded with the equivalent of a minimum of three months worth of expenses. Some argue that this amount should be set at six months worth of expenses. That way if you or your spouse were to lose your job, become injured, or experience some other kind of emergency, you would have access to enough funds to carry you through that difficult time.


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