The Investing Page - Invest your money wisely

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Save and invest your money wisely

Popular thinking, states 10% of your income should be saved. At Netmiser we feel, you should identify a percentage of your monthly income to save and then stick to it. Identify, save and wisely invest a certain portion of your income every month and your wealth will grow significantly. Major rules to follow are:

protect your capital (don't speculate);
do your homework (don't invest before investigating); and,
set your saving goals and follow your plan.

Though we are all anxious to get started, it is a good idea to have some sort of reference point of where you stand today. List all your assets and liabilities and their associated values. Try to be as exact as possible where possible and use educated guesses when an exact value is not possible (be fair). Then subtract your total liabilities from your assets. See our example of a Net Worth chart to help you along.

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