Tuesday, October 28, 2008

Jem Investments

You may have remembered that I used to make money from a provate investment company called Jem Investments. I was making pretty good interest from them but unfortunately due to the credit crunch, the money stopped coming in. The founder has decided to call it a day and pay back all of the investment money. It will take a few months before the capital is released from its current holding but once I get it, I will be looking for a new place to invest it. I think there should be about $160 so quite a bit. I am tempted to just use it for Christmas but it depends if it comes in time! I may just use it to pay some money off the mortgage but if anyone has any other ideas, I woudl love to hear them.

1 comment:

Mizé said...

Hi Rachel.
My suggestion is: open a savings account with that money and put there at least $5 every month. You can think of it as a school found for your kids and later, whith a bigger ammount, maybe you can subscribe a more profitable product, like "tittles" or "aforro" type.
Cheers.