Contact Us
Make My Homepage

Some Sour On Investing Or Saving [AUDIO]

Spencer Platt, Getty Images

The uncertainties of the economy and stock markets over the past decade have created an attitude of “spend now, rather than lose it in the future.” One New Jersey investment expert calls that wrong-headed thinking.

Mercer County investing expert Ken Kamen says one of the legacies of the past ten years… which he calls the, “flat decade” for markets… is that some have lost faith in investing and saving. Kamen says it would be the mistake of your life. He says just like economies, markets have a way of leveling out.

He says there are no magic bullets, it is all about homework and patience. Kamen says, “it is boring, no one likes to hear that. But the truth of the matter is, savings is an important thing, and investing in equities is just one place to put your savings.”

Kamen says, “save or invest whatever you can.”

He points out that many industries, most especially technology, will continue to grow in the future, so those who invest with those industries will likely grow their investments. Kamen also points out that as the middle class spreads around the world, more people are going to create a demand for the products that we have in America, and that speaks well for the growth trends looking forward.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of NJ101.5

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for New Jersey Insiders quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.