5 big investments you don't know you have

You don't write a check for every investment you make.

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VIDEO ON MSN MONEY

28Comments
Jun 2, 2014 8:59AM
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I was surprised that marriage was mentioned. I been with my wife for 47 years and never thought  of it as an investment. I have to agree as I would never attained what I have without her support.
May 31, 2014 9:01PM
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This is all kind of silly, "investing in yourself".  Real investments are those that make you money, long term, and there is nothing else to it.  My favorite ways to put money away are:
1. Invest in diversified low cost funds such as Vanguard.  Match your investment mix to your age and risk tolerance.  I am about 70%equities and 30% fixed income.
2. Don't have all your savings in the market.
3. Set up a revocable trust for a tax efficient transfer of assets.
4. Put at least the maximum amount in your 401k that your employer will match.
5. Save between 10-15% of your income every year for retirement in total.
6. A good way to stop yourself from being wild with your investments is to set aside a small amount as "play money" which you can take speculative investments with.  Personally, I got a binary options account at howwetrade.  If I lose it all it doesn't hurt me at all, if I make money I win, and no matter what it reminds me how much I appreciate slow and steady growth.
7. Invest in your home.  Home equity is one of the best ways to get tax deferred growth.
Jun 2, 2014 9:34AM
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How about investing in children. A little time, a little effort, a little passing through a teaching experience. That will definitely pay big dividends indeed.
Jun 2, 2014 7:15AM
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I get more from the comments than the article....ha ha
May 29, 2014 8:22AM
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Interesting that there is no mention of the amount of money you pay to the centralized federal government.  It is the largest single expense taken from your paycheck and most being used to support other people's lifestyle.  The best thing that you can do is to vote for people who want to repeal the law of 1913 that made the "progressive income tax" possible, vote for people that want to repeal the socialistic policies put in place under FDR's "New Deal" and LBJ's "Great Society" and BHO's ACA.

 

Everyone should demand equal, not preferrential, treatment under the law, including the federal income tax law.

Jun 2, 2014 10:03AM
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  You forgot politics and all those elected as holes with their false promises. They have been costing us billions with their stupidity yet we keep investing in them by reelecting time and time again. Your vote is the biggest investment you will ever make in yourself, your family and your country. So take a look at what the current dip shiit is doing and flush his or her sorry as down the career toilet as needed. Only then will all our fortunes change and bring our country back from the edge where it has been taken to by the current bunch of elected crack heads.
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Absolutely agree about the spending thing...That's the one, um, investment where we have the most control over gains and losses!
Jun 2, 2014 11:23AM
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The article says "For each $5 trimmed from daily expenses and invested at 6 percent yearly returns, the result after 40 years is nearly $300,000"

Hmmmn, Would you share where that kind of return, 6%, might be available?
Jun 2, 2014 12:43PM
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I always enjoy reading the comments...lol....
Jun 2, 2014 9:31AM
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First off one should never depend on a roll of the dice with your retirement. 401's are a joke. This is just a rouge setup by corporations not willing to invest in a retirement plan for their dedicated work force. We should demand more of our money go into S.S., and tell the government to keep their grubby hands off it. All this stuff about playing the stock market with your future is b.s.. Most of us can't even read and understand a cereal box and the heck we are eating let alone put our money into some roller coaster investment vehicle and hope it doesn't crash. Don't for get. If you are fortunate enough to save up a good nest egg, in your 401k, you will be responsible to pay the tax's on it when you with draw your savings. So say you save 100.00. You'll pay around 20% in taxes for fed and then state taxes, here in California it's about 8-10%. Then they take the money you with drew and add it as income on that years taxes. Sound like a plan? Hope you took out enough payroll taxes to cover the tax you'll be charged on that years income or your screwed. Don't let the government fool you they are in bed with big business and they want this country to turn into a slave state. Just watch. Civil unrest is coming and I feel sorry for the one's that choose to abuse the greatest country in the world as we know it. Save you seeds and grow a garden. You'll need one. Thanks for reading this and keep your ear to the rail. Jack.
Jun 2, 2014 10:10AM
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Try paying your utility bills with the income from those 'investments'.


Jun 2, 2014 9:12AM
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i guess buying all those porno and cover magazine are not a good investment. i was hoping my Play Boy magazine with Crystal Harris that failed in marrage would have been a good investment.

Jun 2, 2014 9:58AM
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I would not disagree with any of these suggestions except for one:  Buying a home is foolish these days unless you plan to stay in your present home forever.  Buying and selling a home is a losing proposition and has been for years.  Real estate, realtors, and the industry behind the financing of homes have only one goal.  That goal is to entrap you into a home you cannot possibly afford and then bleed on interest for 30 years.  When you finally come to your senses and attempt to sell your home you realize just how much your home has depreciated in value since you originally purchased it.  A losing proposition all the way around.  Don't do it.  Spare yourself the agony.
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