www.bakso-kaget.com Finance: 5 simple ways to invest your money

Investments don't need to be typical. Although the most common type of financial investments are bonds, stocks, and mutual funds, that doesn't worth a lot. Here are six of the methods based on experts:

1. Start a family
Teaching a kid to save money is easy and priceless. The investment will help kids in case he or she needs some money. Financial services companies are trying to make investing easier for children and families. in 2016, Fidelity launched a kid-friendly account, available to under-18 investors.
2. Collect toys or comic books
Toys and books of all sorts can be clever investments. Retro toys are increasing and even surprising. The toys and books owned now could be hundreds of Dollars today. As superhero movies are now a favourite, comic book market starts increasing in value.
3. Pay off your debt
It's 100% risk-free. Consumer interest is higher than investment interest, debts would be larger. By freeing up cash flow, it can be used towards other investments.
4. Get renter's insurance
Although it's expensive, same like a bottle of wine a month, it does cover lot's of things, such as broken phones and laptops or electronics, and disasters like fire ad theft. The insurance covers personal property, living expenses, and personal liability.
5. Enroll in industry training
Having such skill can make a candidate more desirable to a job recruiter. It can even promote promotion. It grows future earning capacity and build retirement savings faster.

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