How to Put Your Savings to Work  

I have always been a saver, since I started my very first job I always worked on the notion that 70% of my wages were mine and that 30% of them were to be saved. For years I employed this method of saving and my account grew to be quite healthy. One thing I was never very good at was spending or using my savings, it got to the point where I no longer knew what I was saving for, short of a very rainy day. I then realized that I could put my savings to work and grow my wealth, I looked into many ways of doing this and in the end decided to invest my money, here are some of the ways that I invest my cash and make my savings work for me.


Investment Company

My first option was to use an investment company, these businesses make large scale investments in all kinds of industries and they are a great way to see healthy returns on your money. My investment manager, Javier Garcia Teruel Avila has been invaluable to me since I began, his experience is second to none having worked for years in both the finance and energy sectors, worked as a management consultant for companies like McKinsey & Company and as a Mexican national traveled to the U.S. to gain an MBA from Harvard Law School. Knowing this information made me feel comfortable investing with him and his company and the results have been great. Ensure you know as much as you can about the company you will be dealing with as there are many out there who want to gamble with your hard earned cash.

 Real Estate

 Getting into the real estate market is not as simple as snapping up a property and turning it over for a huge profit, well it can be, but it is very unlikely. Before I dived in with my money I spent around 6 months researching the market, what type of properties were best to buy, whether I should rent them out or sell them, getting a construction team in place to fix it old properties and most importantly where should I buy and how much should I spend. Currently I have 2 houses which I bought and modernized before renting out. The real estate market can be volatile and before risking your money you should know exactly what you are doing.

 Oil Industry

 As with any form of investment, it is vital that you know what you are doing, after much deliberation I have decided to use my money that I am making from my other investments, to invest in the oil market. I’ve always kept my eye open for oil prices and last year I started to trade in futures. Futures are a contract that you buy that predicts what the price of oil will be when the contract expires, if the price is higher than the contract states when it expires then you can be guaranteed the price that is on your contract. As yet I have not had a contract expire but the prices are currently looking good. Remember not to rush into areas like oil investment, you need to understand how the market works and what factors can alter the prices, being informed is the best way to go about your investments.