I have several friends have invested their money in share market, they have asked me to invest my money in share market but I’m afraid my money will be gone easily because I don’t have any experience in share market investment.
Some of my other friends also recommended me to invest my money in online Forex currency trading, but I have never interested in Forex trading because it can be risky like playing the stock market. Although we can do proper research and dedication there are massive profits to be made on the Forex market, however the risk is still there, honestly I’m unable to sustain the big lose.
I dislike high risk investments as mentioned above, that’s why I prefer to invest my money in unit trust, bond and fix deposit. As we know that I will never have good chances to gain big profit if I invest my money in low risk investments, but at least I have put my money to work.
I don’t know how you all manage your money, but please don’t put all your money in saving account. You have to put your money to work in order to get better returns on your savings.