Tuesday, July 13, 2010

Where to Invest

Where should I put my money?

This is perhaps one of the most debated questions in the investment world. Everyone thinks they have the answer and some people test and retest their hypothesis trying to prove new ideas. I have one phrase in rebuttal.

"A Penny Saved is A Penny Earned"

- Benjamin Franklin

This is true and always will be. We don’t invest in overvalued business, we don’t invest in business that can’t pay its bills, we don’t invest in business that has no structure or plan, and we don’t invest in business that spends their money before they earn it. We invest in business who follows what our grandmothers have taught us about a penny saved is a penny earned.

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