What Should I Do With My Money?

This is the headline that shown in the newspaper on last saturday. This news is about a financial correspondent finds out what the experts think the average investors should do in this global financial crisis.

Out of the 4 experts, none of them suggest the investor to educate themselves. Personally i find it very interesting on the opinion of the experts. These are the same experts that sold them the dream of good money during the boom.

Why Do People Give So Call Experts To Handle Their Money?

I always believe in handling my own money and doing my own personal account. Well of course i can always hire a guy to do all these for me but who will do a better job than myself. Im very amused that people still do not learn the lesson. The so call experts are just doing their job to sell us the perfect portfolio and the complicated financial product.

Warren Buffet says, “Never buy things that you do not understand”.

The above words are very true. Will we ever buy a shirt or dress without fitting it? Will we ever buy a PSP console without finding out what kind of game they offers? The answer is obviously no.

Why do we buy stocks or financial products without knowing what is it about?
I can only think of greed and ignorant.

So what should i do with my money?
I will buy some books or attend some course to understand the art of investing. When i have the knowledge, I will know what to do with my own money.