Wednesday, August 5, 2009

5 Easy Ways to Make Money Grow


We all know money is hard to make, so we want to make the most of it.
There are many simple ways to do so, here are some:

  1. Keep your money in a high interest savings account. Times are tough, but you can still find a decent interest rate if you shop around.
  2. Have your employer automatically deduct a portion of your pay into a high interest redeemable savings bond (or GIC) or a separate savings account for emergencies.
  3. Once you have over $10,000 you should consider setting aside $5000 to buy shares in a few well performing or well priced companies. Tips: High dividends is nice.
  4. Buy things with value that will increase overtime. If you have enough money to buy and maintain an antique vehicle this could pay off well.
  5. Follow Wain Roy's advice and open a money market savings account.

2 comments:

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You may , probably very interested to know how one can manage to receive high yields .
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Its head office is in Panama with structures around the world.
Do you want to become really rich in short time?
That`s your choice That`s what you wish in the long run!

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