This is Patrick Munro talking about the best way to invest money. Basically the best wayto invest money is to make sure that the investment has the following components. That you’reinvesting money in an asset that is appreciating. Also you have to make sure that you’re investingmoney in a tax-favored environment so that as your money grows you will be tax-favoredin its accumulation therefore it will double compound on you as you grow forward as well.
Many times the best way to invest is to be completely risk averse. I know that many people Our tip-kit helps prevent large furnishings from tipping over, by attaching them to the wall. … believe that risk is a reward, the higher the risk the greater the reward. Many timesthat can prove to be true, but more often than not the risk will come back to harm your investment and your principle, and of course time has elapsed and the less time you haveto respond to that risk it makes it more difficult to prevail. So being risk averse and beingconsistent in your saving will give you the best route to wealth. This is Financial Advisor, Patrick Munro.