Quote from: barbara44 on February 01, 2018, 06:40:53 AM

Quote from: jboesh on January 30, 2018, 06:58:41 PM

i dont secure my profits . i just reinvest it to make even more profit Grin

That is best approach brother. I must say if you are really implementing this in your life, you will be needing nothing for the supportive material and still you will be having a wonderful life. As the experts really insist people to invest for something.

Keeping amounts with you in banks, they are not being used as they have right to be. So give them their right and use them, reinvest in different schemes and earn profits.

Thats not completely true if you ask me. I mean investments are very risky and they could be subjected to the terms of trade. What happens if you end up loosing all the re-investtment in the first place. That would be really bad to see in front of your eyes and won't make your life wonderful. It would be loosing all the fun from the trades and investment.

Apart from this, reinvesting is like putting all the savings from your bank into the risk. Its always advisable that we should put only that much money which we are going to afford to loose. If we are not in that position then we better save most of the part and then go ahead with whatever is left.