Thursday, June 26, 2008

Just 50k

A car, a house, a trip around the world, some more saving, some toiling and more to splurge...Just 50K and seeing stars. It's not easy to stay grounded when so little can take you so far.

It's a wonder that my peers know anything at all about investment. If it weren't for the many mutual funds advertisements, many probably would never have considered saving for later in life.

The share market is the latest buzz word amongst the more 'intellectual' types. It's sort of become like Apple; at first you did not want it 'cause it was not easy to understand (like Windows), though that hasn't changed, Apple's cool quotient has gone up. It's now like a coveted item to be upheld by those who want to be different, yet safe; a contradiction in itself.


50k in real estate, another 'haute' investment favourite, will get the average city person nowhere. Even 12 kilometres away from any Metro's out-skirts, land prices are not fixed for one with a wallet so small.

50K at home can really spruce up the house. Alternatively, your wardrobe could undergo a life-changing sweep. A traditionalist would buy a lump-sum of gold and store it away or, at best, piggy-bank it for a rainy day.

Either way, it's just 50K... :D

2 comments:

Macadamia The Nut said...

I remember when 5 bucks used to feel like a kings ransom... sigh!
No value now...

farustar said...

LOL...i agree :D 10 bucks was wealth personified!