Investing: Making your money work for you

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There are two ways to earn an income. One, you can work and be paid money for it, which is what the rest of the world does, and two, you can make money by investing it in something, which is what the rich do.

In between those, there are lots of ways to make your money work for you. Here are some:

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 • Invest in mutual funds.
 
This is good for people who do not like the risks of investing in the stock market or foreign exchange. Investing in mutual funds is safer than investing in the stock market, as with mutual funds, your investments are diversified.



• Invest in the stock market.

Potentially, there is a lot of money to be made in the stock market. However, it is also a place where you can lose a lot of money due to making the wrong investments. It is also possible to diversify your investments in the stock market, but you will need to invest more money to do.

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 • Invest in real estate.

Investing in real estate is potentially very rewarding. However, a lot of people are put off by this because of the amount of money it requires.

• Invest in the foreign exchange.

Due to the advent of the Internet, foreign exchange trading became easier to do. The amount you earn depends on the strength of a particular currency, say the Euro versus the US dollar.

So how about the money you have in your savings account? You actually lose money instead of earn money because it earns interest at rates that do not keep up with inflation.

The Esplanade Capital website is a great resource for you to start having your money work for you.

Adieu to the ‘Big Apple Crunch’: Bright real estate prospects in New York

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With the modest recovery of the real estate industry forecasted to take place in 2013, putting investing in properties is not shaping up to be bad. Always a gold mine in investments despite the recent housing downturn that shook up the country’s real estate prices, New York still presents a lucrative deal.

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The housing bust may have also reached Manhattan, but the area’s attractive real estate properties continue to play their roles as investment magnets. Smart neighborhoods in New York simply flush out smart-money investments not only from hedge funds and investment trusts, but also from foreign investors and typical moneyed gentries. To say that real estate opportunities abound in New York despite the shaky economy is never an exaggerated point. Probably the locus of one of the top, if not the best, financial markets in the world, New York has never lost its economic appeal, even in the global stage. The Big Apple’s neighborhoods just continue to innovate and consistently showed robust growth in infrastructure in the past years. The High Line in Manhattan, for example, is currently attracting huge investments. Capital influx on real estate properties is shooting up on this side of town. From Midtown Manhattan where skyscraper constructions form a new skyline landscape to Queens and the Financial District, including the other residential hot spots like the Upper East Side, New York displays a picture of a thriving real estate hub.

With better prospects looming ahead in the real estate sector, there is no reason for doubt. Surely, barring any other future economic mishap, investors will find real value for their money in the Big Apple.

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Esplanade Capital provides an intelligent, responsible, and dynamic approach to real estate acquisition. For more related content about the real estate industry, visit www.esplanadecap.com.