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Monday, May 11, 2009

Looking to the Future With Investing

By Rick Amorey

For many of you, my story might be a familiar one. When I started to realize that my parents could not afford to get me to a good university, I knew I had to take matters into my own hands. So what did I do? I did the logical thing; I applied for a student loan so that I can have a future. I got accepted, and save for a few bumps, my college life went pretty well.

After that, I started life as an employee so that I can pay off the said student loan. My paycheck was just about enough to support that as well as the costs of living alone; rent, food, and other stuff like that. But there was a little extra for me to start saving up, little by little. My future was set for the moment, at least.

Let's fast forward to the present. My student loan since been paid off, my rent no longer affects me as much because of my higher pay, and I am considering a housing loan for my fianc? and me. Beyond that, I have extra savings that are just sitting inside the bank. Life has been good, but I can?t help but worry that it may not last.

Life has gotten harder and harder because of the recession, but we are at least aware that there is a problem now. With the Americans' combined efforts, I believe that we can get out of this plight in the next ten years at most. In the meantime, I find myself thinking about what I usually do: My future.

it comes as no surprise that for me to look for the best investments for my savings. But how would I make myself aware of which investment to take? And should I worry about the country's current financial state? Maybe I wait for it to settle down before I invest. There are many options for investing; from bonds to stocks to individual businesses, and each of them have perks and risks that I need to study first. - 23218

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