You have to choose investments by considering your needs. Your choices range from savings accounts, to stocks and bonds, to real estate, and, even, to oil wells. Each investment that you look at will be different. You must weigh the pros and cons for each in terms of how much risk you want to assume. Historical information can show which investments have given the greatest long-term returns.
Money is the source of a lot of family problems.
We know that money is one of the main topics that couples argue about. In fact, money is cited as a major cause of divorce in more than half of all failed marriages. To help insulate your marriage against unnecessary conflict, spend some time before the wedding learning about each other's money sense. These money profiles need to include one's first memories of money, what the individual was taught about money and its use during childhood, money habits adopted as adults, and any problems experienced in the past, as well as current debt status. These profiles need to be shared with each person respecting the other person's position.