to help me in my investemnt assignment
2006-10-31 01:15:32 · 8 answers · asked by lord 1 in Business & Finance ➔ Investing
The government prints money - and so it goes down in value at around 3 % a year. savings accounts pay around 4.5% to 5% for a good one - so you make a net profit of around 2% that is £2 for every £100 invested. If someone is on income support and has savings over the limit they assume an income of £1 per week for each £250 - £52pa for every £250 around 22% and cut benefits accordingly. hence they find it hard to save and invest. The rich save and invest because they want power over the poor. The poor then work for minimum wages or get stuck on benefits in the poverty trap. Bill Gates, now the richest man in the world ripping us off - is giving his money away - buying his way in to heaven. Trying to get through the eye of a needle.
2006-10-31 01:27:01 · answer #1 · answered by Mike10613 6 · 0⤊ 1⤋
People invest to make money. Here's some advice--buy low, sell high. Got that? Seriously, you should invest for the long run, and not try to make a quick killing. Also, diversify. Good luck.
2006-10-31 09:20:03 · answer #2 · answered by Ace Librarian 7 · 0⤊ 0⤋
some people invest to make money to ultimately get the freedom to live the way they want, and do all the things they want in the life they have.
Unfortunately most people try their hand at investing to try and retify situations they're caught in, they chase money to retify current issues rather than looking at what the bigger picture could be.
2006-10-31 09:22:30 · answer #3 · answered by ? 3 · 2⤊ 0⤋
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2006-10-31 10:27:22 · answer #4 · answered by guyg f 1 · 0⤊ 1⤋
They invest money to get a return or profit
2006-10-31 09:23:54 · answer #5 · answered by grumpyoldman 4 · 1⤊ 0⤋
to make money
to have some security for the futur( some people do it for retirement)
the earlier you start the better.
2006-10-31 09:17:04 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Mainly for financial gain.
2006-10-31 09:18:07 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Long term security.
2006-11-02 11:00:45 · answer #8 · answered by Petra 2 · 0⤊ 0⤋