Your Christmas Bonus just might change your life!
@chipesterkhan (2925)
Philippines
November 27, 2011 10:53am CST
Christmas is right around the bend. Everyone is eagerly waiting their christmas bonus and making plans on how to spend them.
What is it about the Christmas bonus that makes us all go crazy like one day millionaires and paupers the rest of the year?
I still remember what I did to my Christmas bonus back in 2004. I invested it in stocks. My 16,000 is now worth 3 times it's original value.
Same thing happened to my 2005 bonus.
2006 until 2009 bonuses went into buying bonds which is a slower growth rate. Less risky than stocks but just as valuable.
Since I started investing, I have not had any issue with getting extra money from my dividends.
What I'm saying is, if you don't have any investments yet and you've been working for a long time, then maybe you should start investing it somewhere.
You can do stocks, which is just like gambling or bonds which is like a long term savings plan.
Go into networking, there's fat money there too (I've recently realized it, it's just like investing in your own business without needing any business permits)
Don't put it in the bank or God forbid go all crazy buying the latest shiny gadget only to watch it deteriorate in value within a year.
Think wisely, make your money work for you and enjoy a worry free future.
Time never goes back for anyone. If you invest wisely, your Christmas bonus just might change your life.
That's all for now folks!
5 responses
@allamgirl (2140)
• Philippines
5 Dec 11
Wow, you seem to be really good at finances. I don't have a Christmas bonus this year since I'm in between jobs. But what I did with part of my separation pay is invest it in a networking business. I thought of the same thing, it's like doing business without having to put up with business permits and all that stuff. So far, I haven't gotten any returns from it yet and has only one downline. Hopefully, it works out for me as it did for you. Once I get my ROI, I'm planning to invest on stocks.
@celticeagle (189927)
• Boise, Idaho
28 Nov 11
I can remember some jobs I had that actually gave bonuses. Used to get turkeys too. Doesn't happen much anymore. I am retired and I don't even get the cost of living raise like I used to. I was lucky to work for the last place for only five years and I have a pension that will pay me the rest of my life. That was pretty good for now days.
@TeamCholent (2832)
• United States
27 Nov 11
In this economy I am sure many people won't be receiving any bonus come December time, maybe a small gift card as a thanks but we are in a recession still and the economic outlook is not good. Belgium just got lowered over the weekend joining most of Europe. Glad to see you are using your bonus for good things, nothing like saving for when the time comes to enjoy it. Keep it up.
@fannitia (2167)
• Bulgaria
27 Nov 11
Hi, Chipesterkhan, I'm glad for you, you make wise decisions. Investing like this is a good step if you have knowledge about the financial market. And this is possible if you have a 16,000 bonus! Apparently most of myLotters don't have such opportunities.
And maybe this Christmas will go without bonuses at all...
