Which Investmen option is the best now?
I think people are generally very anxious about this financial tsunami, some of my friends have lost their job and they have mortgages and some of them even have new born babies in the family.
During this tough time, people try very hard to look for a job and reserve their savings, in case of any emergency. Now these days you just don’t know you will have a job for tomorrow.
So if I have a bit of money where can I invest money now? Can I buy a houseor Should I buy cheap shares Well, I tend to avoid this type of question because the market is changing all the time and no one can predict what will happen next. Who would have though that we have this economic crisis, the market was at all time high and no one would thought of recession.
In my opinion, I can honestly tell you. It is better to keep it in the bank to earn interest than jumping around for opportunity. If you know what you are doing then manage your investment in your own way. However if you are beginner investors, I would suggest you to keep money in the bank to earn some interest and that will help you sleep better at night.