Making Your Investment Dollars Work for You

Investments are scary for some people, especially those who have never invested before. We grow up hearing horror stories about how this person or that person lost everything they had on some bad investment some odd years ago and it builds in us a fear of investing so profound that it is sometimes easier to get a confirmed agoraphobic to march in the Macy's Day Parade than it is to get someone to put a few dollars into stocks or mutual funds.

Part of the problem is that people have the wrong idea about how investments should work. We're always looking for the big score, the quick road to riches, and the quick return investments that will turn ten thousand dollars into ten million dollars overnight. Guess what? These investments don't exist.

"What about Microsoft?" is the question many will ask here. "What about Ebay and Wal- Mart and Xerox and?" you get the picture. While it's true there have been some companies that have surprised everyone by becoming quick successes and their stockholders watched with excited eyes and dilated pupils as their portfolios did some colossal growing in short periods of time, these are the exception rather than the rule in investing. Investments should be looked at as long-term money makers and security providers, not a spin of the roulette wheel with a big payoff or a devastating loss.

If you're investing casually the best thing you could possibly do is find a stable company or mutual funds, put in your money, and forget about it. Those that watch the market reports constantly and suffer heart palpitations every time the company they have invested in drops a few points will either go crazy or wind up losing money by selling company stock at a lower price than they paid for fear that if they don't get out now, the bottom will drop out, leaving them with worthless stock. Don't worry. Coca-Cola is not going belly-up anytime soon.

Finance Tips by Mika Hamilton ? Read more free investment tips, tutorials & reviews at http://www.Global-Investment-Institute.com

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Updated : Tue, 07 Oct 2008 20:50:00 GMT

Cough, Cold Drugs Not for Kids Under 4 - WebMD


CBS News
Cough, Cold Drugs Not for Kids Under 4
WebMD - 2 hours ago
By Miranda Hitti Oct. 7, 2008 -- Don't use over-the-counter pediatric cough and cold drugs in kids younger than 4. Leading makers of over-the-counter pediatric cough and cold drugs are putting that message on the products' labels, according to the ...
Cold, Cough Medicines for Children Get Added Warnings (Update3) Bloomberg
Drug Companies Say No Cold Meds for Kids Under 4 Washington Post
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Publ.Date : Tue, 07 Oct 2008 18:48:20 GMT

Bernanke hints at possible interest rate cut - MarketWatch


The Associated Press
Bernanke hints at possible interest rate cut
MarketWatch - 31 minutes ago
By Greg Robb, MarketWatch WASHINGTON (MarketWatch) - Federal Reserve Chairman Ben Bernanke opened the door on Tuesday for a possible interest rate cut to help rescue the economy from a severe downturn, admitting that the global panic in the financial ...
Video: Bernanke signals possible rate cut ReutersVideo
Bernanke: Economic outlook weaker CNNMoney.com
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Publ.Date : Tue, 07 Oct 2008 20:18:10 GMT

Thai Army Sends Troops to Help Police Keep Peace - Washington Post


Voice of America
Thai Army Sends Troops to Help Police Keep Peace
Washington Post - 4 hours ago
Thailand's military agreed Tuesday to deploy hundreds of unarmed soldiers to the streets of Bangkok to help police restore order after violent clashes between police and protesters that left at least 1 person dead.
Video: Raw Video: Tear Gas Fired at Thai Protestors AssociatedPress
Troops deployed as one dead, hundreds hurt in Thai protests AFP
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Publ.Date : Tue, 07 Oct 2008 16:12:03 GMT

AIG's ex-CEOs blamed for crisis - CNNMoney.com


Los Angeles Times
AIG's ex-CEOs blamed for crisis
CNNMoney.com - 1 hour ago
House panel chairman says executives got undeserved riches, while ex-CEOs blame accounting rules and market conditions for leading to $85B bailout.
Joe Cassano: The Man Who Brought Down AIG? Washington Post
AIG CEOs Blame Each Other, Accounting for Insurer's Downfall Bloomberg
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Publ.Date : Tue, 07 Oct 2008 19:11:18 GMT

Qantas Involved in Another Air Incident - New York Times


NEWS.com.au
Qantas Involved in Another Air Incident
New York Times - 25 minutes ago
By Liz Robbins It has been 20 years since Dustin Hoffman’s character Raymond Babbitt in “Rain Man” made Qantas synonymous with air safety, claiming he would only fly the Australian airline because it had never crashed.
Qantas passengers arrive in Perth after mid-air ordeal ABC Online
Fifteen badly hurt as Qantas jet drops Sydney Morning Herald
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Publ.Date : Tue, 07 Oct 2008 20:24:06 GMT

Wells Fargo may get lion's share of Wachovia deposits: report - MarketWatch


Sify
Wells Fargo may get lion's share of Wachovia deposits: report
MarketWatch - 32 minutes ago
By John Spence, MarketWatch BOSTON (MarketWatch) -- Wells Fargo & Co. may get as much as 80% of Wachovia Corp.'s deposits, with the remainder likely going to Citigroup Inc., according to a published report Tuesday.
Citi, Wachovia, Wells temporarily halt litigation Bizjournals.com
Wachovia shares waver as Citi, Wells Fargo wrangle Forbes
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Publ.Date : Tue, 07 Oct 2008 20:17:51 GMT

Sleuth's Presidential Debate Watch Game - Washington Post

Sleuth's Presidential Debate Watch Game
Washington Post - 41 minutes ago
Tonight's debate watch games probably won't be as much fun as last week's Palin Bingo. But don't fret, there are still games to be played during this second presidential debate between John McCain and Barack Obama.
'Aggressive' debate expected between McCain, Obama CNN
* McCain looks for way to stop Obama's momentum Reuters
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Publ.Date : Tue, 07 Oct 2008 20:08:21 GMT

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