Debt Burst help clients manage their finances, take control of their lives, create a secure financial future and most of all become debt free. They’ve helped over 40,000 clients and settled over $1 million dollars of debt from 2007 to 2010. Debt Burst sent out some sound tips, which we can put to good use while investing or considering to.

We start with some investment categories to consider when identifying, defining, and planning out the investment goals. Be sure to make short term and long-term goals and strategies.

Personal Assets:

Home(s), furnishings, automobiles, apparel, jewelry.

Insurance:

Life, health, disability, casualty, disaster, business, self-insurance.

Real Estate:

Raw land, farmland, rental property, commercial real estate.

Someone Else’s Business:

Stocks, mutual funds.

“If you are not willing to own a stock for 10 years, don’t even think about owning it for 10 minutes.”
-Warren Buffett, greatest investor of all time.

Gold,

Diamonds, Art Objects, Collectibles.

Gold remains a good investment, with everything said and done.

Gold remains a good investment, with everything said and done.

Along with savings, investing is the other valuable tool which helps increase capital worth. It may look intimidating, but it’s not as hard as people think.

Questions to Ask When Investing:

How Will the Investment Improve Life?
How Safe is the Investment or Strategy?
What is the Return on the Investments?

Finally, we conclude with the recipe for successful investment:

  • Make only modest investments in personal assets.
  • Develop a solid insurance program.
  • Pick one or two areas for a major return and stay within those areas during the investment lifetime.
  • Make all investments for the long term.
  • Diversify investments for the long term.
  • Study and work with others. Develop a sense of intuition about the chosen areas. Try to understand all the factors affecting investments.

“It is not necessary to do extraordinary things to get extraordinary results.”
-Warren Buffett, greatest investor of all time.

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