I know that work can earn me money for my daily life and save for the future. However, I believe that I will have no future if I don't invest. The fixed deposit interest rate of 2.25% now is much lower compare to inflation. Everything getting expensive but we are told that the inflation still under control, don't worry! Well, bread, sugar, pork and petrol is on the rise but my salary no! So, I never think that inflation under control.
Many people might think that FD is the best to invest because it is much safer compare to stocks, comodities and unit trusts. Anyway, I don't consider FD as an investment, this is just my personal opinion, you might not think so. I never touched unit trusts before because I feel uncomfortable that I can't have immediate control. As a conclusion, I prefer stocks where I can buy and sell on my own. However, choosing a stock is never an easy task. I can recommend you a book "How to Make Money in Stocks".
Reading an investment book can get more knowledge and investment ideas but book only covers theories, you have to do the practical job, haha...When you earn, you will think you are smart! When you lose money, you think you bastard, why you want to invest in stocks. Stock trading/investment needs patience, analytical skills and etc. These apply to long/medium/short term investors. Most of the time, I am medium term investor but I only follow and listen to the market.
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