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Friday, April 24, 2009

Looking to the Future With Investing

By Rick Amorey

Many of you may find my story to be a familiar one. Let me start: When I began to realize that my parents could not afford to get me to a good university, I knew I had to push forward on my own. So what did I do? Why, I did the logical thing, of course; I applied for a student loan so that I can secure my future. I got accepted, and save for a few bumps, my college life went pretty okay.

Afterwards, I began to work so that I can pay off my student loan. Beyond that, my paycheck has been reduced by the costs of living alone; rent, food, stuff like that. I still earned enough to start saving up, little by little. My future was set for the moment, at least.

Let's move on to my present story. I now have a loving fianc?, and we're thinking of applying for a housing loan so that we can raise a family right. My student loan has since been paid off, after all. My current rent no longer affects me as much, either, due to my higher pay. Life has been good, but I can?t help but worry that it will not last.

Life becomes progressively harder because of the continuing recession, but we are at least now, we are aware that there is a problem. With our combined efforts, I believe that we can get out of this difficult situation in the next ten years at most. The present may be problematic, but I continue to see myself looking towards the same thing that I always have; the 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. - 23200

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