The Forum > General Discussion > What motivates us to invest
What motivates us to invest
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Posted by rehctub, Friday, 7 October 2011 9:06:52 AM
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WTF?
Sadly rehab here is a quote from today's new: Financial experts said however that the Bank's quantitative easing would be a “Titanic” disaster for pensioners, savers and workers approaching retirement. Read more: http://www.news.com.au/business/gigantic-comeback-as-markets-cheer-bank-boost/story-e6frfm1i-1226161000317#ixzz1a4VhNU36 Posted by WTF?, Friday, 7 October 2011 3:41:48 PM
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part of my motivation to invest is I believe Governments have not got peoples interests at heart anymore. The idiotic notion that you spend your way out of recession has even some commomsense people blinded by the 'science is settled' economist. Its hard to accept that grown ups fall for this nonsense. After growing up in a somewhat welfare dependant home I don't want that for my kids. Ultimately my greatest investment will be the amount I give to the poor.
Posted by runner, Friday, 7 October 2011 4:03:44 PM
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40 years ago I made the decision to invest my life in Australia. Hopefully, one day I'll break even.
Posted by individual, Friday, 7 October 2011 4:39:23 PM
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Dear Rehctub,
Nope. I don't believe in investing any more. Not since my mum lost so much of her money in various supposedly "safe" schemes. One thing I might consider investing in one day is - property. That is when (and if) I get enough money stashed away. Posted by Lexi, Friday, 7 October 2011 5:01:53 PM
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cont'd ...
At present my investments consist of long term deposits with a credit union which is guaranteed by a bank and the government. It's not risky, it guarantees a reasonable return, and I don't have to worry about rises and falls in the market. Posted by Lexi, Friday, 7 October 2011 5:06:02 PM
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I was not a bright kid at school, that's using the systems idear of bright of cause, however, since I met my now wife of 26 years, I promised her I would work hard and set us up for retirement, which I did.
We have had some bumps along the way, even the odd mountain to climb, however, as life partners we have always headed for a common goal, and that's to make sure our now grown up kids are off toma good start, and provide ourselves with. Modest retirement income.
I just hope we don't have it taken away by some future government, but who knows whats in stall.
So are you an investor, or, do you prefer to go at it steady and retire on. System, or what left of it anyway.
It would be nice if the tall poppies could refrain from having a shot!
BTW, just for. Record, I am not rich by any means, other than the fact that I hav a great family to share my dreams and desires with.