Adventures & Insights
One man's adventures in the physical and intellectual worlds…
Daily Archives: September 28, 2011
Adventures On The Road To Riches.
September 28, 2011
Posted by on Investing
present participle of in·vest (Verb)
- Expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.
- Buy (something) whose usefulness will repay the cost.
In the high-stakes world of finance, I’m a player. And by player, I mean I’m the guy who doesn’t know any of the rules and is always picked last. I know I should be paying attention to interest rates, the value of international currency and I should probably know the difference between Cumulative Preference and Redeemable shares but I’m just not that savvy – or, in particular case of the latter, interested. Of course, I prefer to focus on the positives.