What is the best way to invest your money?

[Lourette]

Fixed Deposit or Money Market?

[Dave A]

And there I was thinking education, shares, property, unit trusts, endowments, government bonds...

[JohnBush]

I think the best way to invest your money is to start deposing 50% of your money in bank and your invested money will help you start up a small business to earn more cash.

[Nickolai Naydenov]

Yip I'll go with what Dave says, cash will make you lose mone in the long run

[Blurock]

Why are you investing? The purpose of your investment will determine the best available option.

If you are investing for an overseas trip, you work out what it will cost and how much you can afford to save every month.
If you are investing to buy a house or a car, you may do a similar exercise.

Do you need liquidity or can you invest long term? Are you risk averse or would you opt for a high return high risk investment such as investing in a building or a business that can give you a recurring or annuity income? There are so many options, you need to speak to an investment adviser to tailor an investment to your own circumstances.

I am personally not much in favour of leaving money in the bank. Even the Bible tells you that money will rust away. I believe that money should work for you...

[jeccyka]

You can put money in a bank, invest in property, stock market or anything really.

There has never been easier to invest in the stock market. All you need is internet access & an account with an online broker. You can probably get started with a couple of hundred dollars - but about $2,000 would be a better place to start.

Stock market can be risky, but the returns can be very high.

Putting your money in a bank will generally be safer, but the returns are not that great.

Or investing the insurance company, that's a cool.

[Onetwo]

I do not invest on Stock Market any more, but would like to benefit from the overall growth of the JSE. If you look at the track record of the All share index the last couple of years, i don't think there is any bank in the world that will offer that growth on capital. There is a product available from Satrix 40 (http://www.satrix.co.za) that seems to look like something worth wile.
Exposure to the top 40 shares in South Africa. That should also help with risk diversification, I think?

[Miro Bagrov]

Money Market is short term, Fixed deposit is long term.
Money market is used when you may need the money in-and-out frequently.

[ians]

Don't worry I was also one of those sucker who paid for these policies which at the time sounded like a lot of money (millions) from the day I started working at 16 and had an accident in my early thirties, the policies should have paid out a lot of money instead the broker had changed things over the years and every time he changed something it extended further into the future, little did I know it was all commission based improvements to my policy and the worse part about it, he put life cover onto ever policy, which is also a huge commission enhancement for him, so when it came to time to pay out, because I was hospitalised and couldn't work I couldn't pay the premium so the life cover somehow chewed into the policy to a point that they were worth nothing by the time I got out of hospital and tried to sort out the claims.

I hear a lot of old people complaining about policies not even paying out what they put in never mind the projected figures initially advised at the time the policy was taken out. That why it is one of the industries which has a millionaires club, where do you think all the money came from, smart investment, if you believe that, you must be one of the silly people investing all your money into their millionare club

If outsurance can pay back your entire premium back after 15 years and run ads which cost millions of rands all day long, huge call centres, just imagine how these companies are screwing you. These insurance/investment companies are running little one man operation in the back of peoples houses (brokers) and raking in millions. The brokers are a dime a dozen.

My policies which were worth hundreds of thousands of rands before the accident, by the time came to pay out a I got a cheque fro R14.75 which I kept and was going to mount in my pub, but never got around to it.

The worse part of the whole ordeal, they found small print in my disability policy which indicated that my arms and legs where not covered, so yeah you wanna say I seem to always get the wrong end of the stick, that was another ass f$%%$&g I got. Nobody would take on the case to fight it for me because I was not only disable but broke at the time. Money talk and shit walks.

[Savvy]

I've personally invested my money into a company called Cambist (www.cambist.co.za) where at the time they were offering 24% return per annum which has dropped to 19.5% now but which is still the highest rate of return out of all the opportunities that I know of. I worked for the advertising agency who handled their marketing and got to know the company pretty well and decided to invest with them. After doing so, I also left the agency I was working for and became self-employed. To date I've made R48 000 in passive income over the last 7 months.

The business model essentially is that you purchase debt contracts that are secured by attachment / garnishee orders and become the owner of debt repayments. The original owner gets their cash upfront for liquidity, makes their margin and the new owner (myself) receives a profitable monthly income stream. It's low risk because it's secured through legal processes and contracts and if a debtor fails to repay then the original amount of the contract is repaid by Cambist. Their website explains everything in more detail.

Check them out, do the research you need to do but if this information was useful to you and you do invest please use me, Shane Mc Kay, as a referral as there are commissions involved for referrals. Who's going to say no to earning commission for telling people about where I've invested my money?