My grandmother made a lot of money by investing in a mining company of all things. I didn’t think she knew anything about investment, but she sure showed me. She decided to invest in this company because she thought about where all of the gold and silver comes from in her jewelery. She figured that someone had to be out there mining it, and they were probably turning a pretty profit from doing so. So she looked at all of the companies that had their hands in mining metals, and found the ones that were turning the most profit and put down some money. To be honest, it was a pretty genius move that I never thought of doing.
I asked my grandmother if she could help me out with some investing, and she gladly agreed. She told me all about the different companies and which ones would give the best results, which ones had of chance of increasing their output in the future, and which ones would show very little growth. She also taught me the importance of having some diversity in my investments, so that I wouldn’t be putting all of my hopes on one thing and being mad if something went wrong.
All of my grandmother’s advice gave me excellent results. It’s amazing that she was not only able to make money for herself, but also able to help me do it, and she’s only a rookie when it comes to investing. She could probably give some of the people who have been doing it a long time a run for their money. I’m surprised she hasn’t dipped her hand in some of the well known companies on the stock market, such as the ones that produce technology, or maybe some of the ones that make forms of entertainment.