Originally Posted by Jowhara
Here is some good financial advice:
Only invest that which you can risk to lose.
Divide your money into three parts: 1 part to invest in real estate. 1 part to hold as cash. And 1 part to invest in business. This way, if you suffer loss, you won't lose everything.
1. Invest money for pension
2. Invest money for kids' education when they get older
3. Investments (real estate is only one kind of investment avenue)
4. Disposable - as cash and for travel etc.