While I'm somewhat used to investing in businesses of other people or transnational businesses, starting my own is a different kettle of fish.
I find it easier to part with money for someone else's. It is managed for me. There is no time investment. In some ways, if investing in solid enterprises, there is less risk. 1 or 2k in a start up? Normally down the drain. Opening my wallet won't be easy, but the road to financial freedom has its' potholes and, taking the visual metaphor a step further, if I never step foot on the road of self employment the road to wealth may as well be forgotten.
Wish me luck.
Sunday, 15 November 2009
Start ups- starting a new business
Sunday, 8 November 2009
Stocks- the bounce?
Are Stocks bouncing back?
Well lots of things are going well. Some companies are back into posting profit. Raw material costs have generally lowered, especially for the food industry. Economists are more positive. I am undecided.
My portfolio has gone into the plus for the first time in over 2 years, possibly longer. I'm still buying, but carefully monitering the economy and the businessses within it that I invest in, because no one knows what'll happen next.
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