investing my money
Investing My Money
In the early part of our relationship my husband and I never had a lot of money. Now that we have more money, and are able to pay our bills on time and save a little on the side, I am beginning to think about investing my money. This is not something that is easy for me. Because I have never had a lot of money, I have a hard time letting go of it. Though I realized that investing is meant to make more money, Im always afraid that Im going to lose my money. I think this is a pretty common fear, but I think I am more fearful than most.
When it comes to investing my money, the only person I trust his myself. I know that in order to retire comfortably Im going to have to let go of this and trust someone else. It scares me to think of someone else investing my money. I know whoever we choose will have my best interests at heart because when I make money they will make money. This thought does not make it any easier for me to go with someone else though. Right now, we have some money invested in a 401(k). My husband doesnt seem to be as uptight about as I am, but I realize that this is our future that Im talking about here.
I know that one of the safest ways to go about investing my money is to leave my money in a savings account. Once the money in a savings account reaches a certain total I can put that money into a money market account for an even higher interest rate. As far as Im concerned this is the best way to go about investing my money because I know these types of accounts are secured by the FDIC. This means that if something goes wrong and the bank loses that money, I will be able to get that money back up to a certain amount. I also know that this is not necessarily going to make me the most money. Im going to have to find a happy medium.
I have been thinking more and more lately about investing my money. It is never been a concern in the past because I never thought we had enough. I have seen enough shows and gotten enough advice to realize that it doesnt matter how much money you have you still have to put something away for your future. This is when investing my money became an important thought to me. I am slowly doing more and more research on the Internet to figure out what I want to do next. If this is a concern for you, you may want to do some research on your own before you talk to somebody else about investing your money.
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