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Introduction Involved in strategic planning on economic long-term connection with the use of all available resources to achieve the ultimate goal (Hussein Omar, 1992). Mona Mousa (2005) that includes strategic objectives, policies and master plans, and this depends on the nature of the decisions taken by the family on their savings, as they are long-term goals may extend for several months or years, may be a broad outline of the circumstances and future prospects, and ways Response and assess the necessary resources. Fatima Hilmi and Rabey Nofal (2000) that the planning of financial income in family life and the means to achieve socio-economic balance, and upgrading in various stages of her life, in order to succeed in carrying out family responsibilities must have their awareness of the planning and implementation of the budget planning method, when used All available resources, especially financial resource to achieve the maximum possible to satisfy their needs within the limits of its resources. Financial terms of income are important factors that determine the use of family resources is one of the most important determinants of living standards and economic and social levels of the family and affect the use of all other resources (Kawther kujke, 2001). The most significant savings consequences of good planning income is the most important forms of saving cash, which represents the bulk of economic activity in the State and then in family planning and family resources to the consumer various ensure the distribution of these resources to the different needs thus ensuring satisfy those needs within available resources And therefore directed towards saving (Tesby Lutfi and Isis Noire, 1998). In the opinion of Ando (1994 Tesby Lutfi and Isis Noire (1998), Falih Alhugbany (1999) of the main motives for saving some families spare no attempt to preserve the wealth, even if essential died left a legacy after their death, because of its importance in Family future targets. And confirms Abdel Muti Arsheed (1999) the importance of the relationship between savings and capital formation requirements in a steady growth is supposed need to deduct part of the income and directed towards investment in order to achieve a certain rate of increase in income in accordance with specific levels of technological progress and a certain rate of population growth . And the family seeks to provide part of the income and retain it in the form of savings, the purpose of waiting for investment opportunities or speculation in the stock market to buy shares and bonds in an attempt to obtain more profit and improve the income level (Falih Alhugbany, 1999). According to Iman Ahmed (1997) that the investment process comes as a result of the Provident Savings plan is approved by the family, and investment is also being studied according to plan and aware of the areas that could be invested in family savings, and investment process prisoners mean a capital of ďż˝ďż˝ďż˝

the family in place, which guarantees To maintain its continued access to capital with the ratio of profit obtained by the family, and there is a strong relationship between income and savings and investment, finance income savings, and later stage investments can increase income and thereby increasing savings rates. One of the most motivated families of Saudi investment in the capital market is the expected return of the shares and the degree of confidence (Mohamed Altahan, 1995). The investment motives were not limited to economic benefits but covered the psychological benefits, national and religious ( Nasser Alsayegh and Hassan Metwalli, 1993), in addition to what has resulted from a study Aspar Center for Studies and Research (2007) to engage in equity does not require large sums compared to sectors Other real estate. The most important reasons for the rush of customers to invest in the stock market, from the point of view, is the order of importance: "the desire for quick profit," "desire to simply increase income," and "confidence in the Saudi economy," " Provide liquidity "and" excessive profits made by others "and" ease of buying and selling in the Saudi market, "and" confidence in the stock market, "and finally" a lack of other channels for investment, "It was noted that there are some differences in the importance of these reasons Between various groups. The proportion convinced of the importance of investment for post-retirement amounted to 84% as stated in the study of arieg aqran (2004). Problem Of Research What happened in the last years of the twentieth century economic developments, political and social transformation led to many public sector companies into joint stock companies and thus increase the role of private sector companies in the economic sphere no doubt that this requires the existence of a market for securities of a highly qualified for this role Market vital role in the great economic progress (Mutasim Abdel booth, 1990). And the financial market plays a critical role in economic life in the States pursuing a market economy, through the tasks performed by its goals of savings mobilization and allocation of investment and rationalizing the use of financial resources (Ibrahim Al-Muzaini, 2004). In the statistical body of the Saudi market funds in 2005, the number of companies (69) company, the value of its shares nearly 77, 1 trillion Saudi riyals. The number of companies until the completion of this study (117) company. It also emerged in recent trend for families to invest in the Saudi capital market is large and clear, and therefore the tendency to invest in equities

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because they are guaranteed for businesses and a quick profit (value-added center, 2006). The developments have led to changes in the family deal with their investments, which relies almost one third of dealers on the Internet in dealing with the market. It is possible follow-up of shares from home and resulted in a change in dealing with some individuals and preoccupation with the head of the family or the family Rabbo follow these shares, after the first application of an integrated system of electronic trading known as the Esis in 1990, the circulation system was launched in October 2001 The latest quantum leap by introducing advanced techniques and adding new characteristics and advantages of the trading system; bringing the investor can carry out buying and selling through the Internet from anywhere, has also been issuing financial market system, which aims to restructure the capital market, Saudi bases, according to the latest international standards in This area (Tadawul , 2005) Because of the lack of experience came the sound management of financial planning and the absence of income for a substantial proportion of investors, since most dealers in the stock market lacked experience study also showed both Aspar Center for Studies and Research (2007) and the Center for value-added (2006). Since a large category of dealers in the capital market with middleincome (Saad rabiey , 1996), led to the emergence of several implications reflected on the family, resources and family ties and increased psychological and social effects and economic consequences to shareholders in the stock market as stated in the study of both Hamad Al Hammadi (2007) and study of Talal Al-Nashiri and Manal Somali (2006). As to the topic of the importance and impact on family life has prompted the researcher to conduct a study investment strategy Saudi family in the capital market to identify them and know their relationship to the family ambition investment, and the implications of the material resources (money, time) and human resources (family relationships, mental state) of the Family . Hence, the problem can be determined search through the following questions: • What level of strategic Saudi family when investing in capital market? • What is the relationship between investment strategy of the family in Saudi Capital Market ambitious venture? • Is it affecting investment strategy in the market for funds to family resources material (supplier of financial and resource time) and resources of the human family (family relations and mental state)? The Importance of the Research:

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Objective of the current study was to identify the investment strategy of the family in Saudi Capital Market and its relationship with the ambitious venture, the impact of this strategy on the material resources (money and time) and human resources (family relationships, mental state) of the family, depending on the strategy and factors affecting it, and will be done through: 1- disclosure of the relationship between the investment strategy of the Saudi family and material resources (money supplier, the supplier of time). 2- a relationship between the investment strategy of the family of Saudi Arabia and human resources (family relations and mental state). 3- disclosure of the relationship between the investment strategy of the family of Saudi Arabia and the level of ambition investment for the family. 4- identify the type of relationship between the demographic variables of the family and investment strategy all interlocutors. 5- to identify the differences between families that is doing a budget, which does not operate budget in investment strategy. 6- to identify the differences between families following the financial statements that do not follow financial lists in the investment strategy. 7- disclosure of the disparity between families in the investment strategy depending on the nature of the activity in the capital market (investment, speculative investment and speculative together). 8- a disparity between the families of the sample in the management of material resources (money and supplier supplier time), and human resources (family relations and mental state) depending on the investment strategy in the capital market. 9- a disparity between the families of the sample ambitious venture depending on the investment strategy on capital market 10- finding discrepancies between the families of the sample according to the amount of capital that entered the market in the centre of investment strategy and financial impact on the supplier, and ambitious venture. 11- reached a proposed programme for the development of investment awareness among Saudi family.

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The Objectives Of The Research: Objective of the current study was to identify the investment strategy of the family in Saudi Capital Market and its relationship with the ambitious venture, the impact of this strategy on the material resources (money and time) and human resources (family relationships, mental state) of the family, depending on the strategy and factors affecting it, and will be done through: 1- disclosure of the relationship between the investment strategy of the Saudi family and material resources (money supplier, the supplier of time). 2- a relationship between the investment strategy of the family of Saudi Arabia and human resources (family relations and mental state). 3- disclosure of the relationship between the investment strategy of the family of Saudi Arabia and the level of ambition investment for the family. 4- identify the type of relationship between the demographic variables of the family and investment strategy all interlocutors. 5- to identify the differences between families that is doing a budget, which does not operate budget in investment strategy. 6- to identify the differences between families following the financial statements that do not follow financial lists in the investment strategy. 7- disclosure of the disparity between families in the investment strategy depending on the nature of the activity in the capital market (investment, speculative investment and speculative together). 8- a disparity between the families of the sample in the management of material resources (money and supplier supplier time), and human resources (family relations and mental state) depending on the investment strategy in the capital market. 9- a disparity between the families of the sample ambitious venture depending on the investment strategy in the capital market. 10- finding discrepancies between the families of the sample according to the amount of capital that entered the market in the centre of investment strategy and financial impact on the supplier, and ambitious venture. 11- reached a proposed programme for the development of investment awareness among Saudi family.

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The Tasks Of The Research: 1- there is a correlation between the investment strategy of the family in Saudi capital market and its impact on the material resources of the Family (money and time). 2-

there is a correlation between the investment strategy of the family in Saudi capital market and its impact on human resources (family relationships, mental state) of the family.

3- there is a correlation between the investment strategy of the family of Saudi Arabia and the level of ambition investment for the family. 4- there is a correlation between demographic variables of the family and the total investment strategy of the family in the Saudi capital market and all its interlocutors. 5- no statistically significant differences between families that is doing a budget, which is doing a budget at the centre of the investment strategy of the family in Saudi Capital Market. 6- There are significant differences between families following the financial statements that do not follow financial lists in the investment strategy of the family in Saudi Capital Market. 7- There was a divergence D. statistically among the families in the investment strategy depending on the nature of the activity in the capital market (investment, speculative investment and speculative together). 8- There was a divergence between D. statistically sample families in influencing resource material (money, time) and human resources (family relationships, and the psychological state) depending on the level of investment strategy (high, medium, low). 9- There was a divergence D. statistically ambitious venture between the families of the sample depending on the level of investment strategy (high, medium, low). 10- There are differences between D. statistically sample families at the centre of the ambitious investment and investment strategy and the impact on the financial management of the resource according to the amount of capital that entered the family market

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Research procedures and tools: Human Domain: Is the sample consisted of 500 families were invested in money market, the levels of social and economic settings has been a deliberate choice of the city of Mecca. Research tools: To prepare researcher verification tool that goal earlier, a Ast statement contains a set of tools to collect raw data of the family, and information verification duties search Ghali to reach the final Procedures of research: 1. access to research and previous studies of Arab and foreign working on the compilation of data and information on the subject of research through the Internet, newspapers and satellite channels to take advantage of them to know the findings of the others and how to work in this subject, and for use in the development of the ideal method of the questionnaire. 2. personal interviews with people who always talk about their problems in the capital market, losses by recurrent problem which created a sense of the importance of research and study due to the rush of a large segment of society to Asttmarvi capital market without study or a deliberate plan to do so. 3. identify the opinion of the experience and competence relevant and discussion with them about the importance of community and its impact on families in general and Saudi Arabia on their investments in particular. 4. an exploratory study on a sample of (50) Rabbo family of a Saudi contribution to the capital market levels of social and economic settings. Through personal interviews and find out what their contribution to the capital market and the manner in which they have achieved and followed through this contribution and how it affected, and thus put the researcher main axes of the questionnaire through the results of these interviews and devise content of the questionnaire Questionnaire included the following points: 1. Preliminary data format of the family. "Preparation researcher" 2. Aform of financial data supplier for the family and investments "Preparation researcher"

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3. questionnaire ambitious venture for the family. "Preparation researcher" 4. questionnaire investment strategy of the family in the Saudi capital market. And their impact on both: material resources (money supplier, the supplier time) and human resources (family relationships, the psychological state of the family). "Preparation researcher"

Summary of Field Conclusions: First: the results described in the light of the sample: -- The 62.6% of sample families prefer to invest in research money market, and that 37.4% do not prefer to invest in the capital market in spite of their all in the capital market. -- The highest rate is a source of capital invested in money market savings rate was 45.4% of the sample, followed by bank loans by 36%, financial associations with friends and family by 21.6%, lower ratios for the sale of real estate or land by 9.2%, followed by financial inheritance 8.8 % Of the sample, and then personal loans by 4.2% as was the wife's income by 3.2%. -- The percentage of 40.4% of the sample are deducted quarter salary, while those who severed third salary rate of 27.6%, the lowest for those who severed more than a third of the salary rate of only 8%, while those who do not severed any portion of their income they have increased by 24% of the sample can be To be a source of capital invested from a legacy or sale of real estate or the amount from a source other than the monthly salary. -- The percentage of 56.2%, from sample research investment decision to take the husband of the family alone, while the proportion of 30.4% was the decision-making venture for the husband and wife together, and were lower proportion of the investment decision-making by the wife alone 5.2% of the sample - that nearly two thirds of the sample Wives and accounted for 63.6% do not make a single in the capital market, while the proportion of 36.4% of the sample were individually contributions from their husbands. -- The objectives of the sample households to invest in money market vary according to the needs of each family and the stage through which the composition and social and cultural development has occupied the purchase of special family dwellings highest proportion of these goals the percentage was 35.6% of the sample, followed by formation of capital for a business started by 23.8%; The lowest amount sufficient to form a marriage of children by 12.8%, and education of special education by 8.2%. -- The highest rate of activity practiced by the family in the area of investment in capital market is to buy shares and subscription by 40%, followed in rank to ďż˝ďż˝ďż˝

exercise all investment activities in the capital market of subscription and purchase of shares and investment funds rate reached 35%, either in terms of individual activities have been Occupied the highest proportion among the subscription rate of 10% of the sample which has the financial benefits of speed and lack of risk, and investment funds were the lowest, whether it shares with single or because they are characterized by long-term investment in capital market. -- The most important reason to draw families to subscribe is to increase income by 50.4% of the sample, followed by capital formation by 23.4% of the sample, and then pay the debt by 16% of the sample, then the processing of housing by 10.6%, lower ratios for treatment by 0.6% Of the sample. -- Greater percentage of the sample entered the market are estimated at less than 10000, hence the category of 10000 to 50000 less than the rate of 22.4%, followed by the categories of less than 50000 of 100000 and 100000 to 500000 and less than hitting respectively 19% and 18%, and the category of least $ 500000 more By 7.2%. -- The 33.4% of the sample had entered the stock market with total amount invested, and 31.6% of them entered the market PAY amount, and the rest of the sample entered the stock market at half the capital, and a third was accounted for 20.8% and 14.2% respectively. -- The 49.8% of the sample did not invest in investment funds, the amount was meant for investment funds by quarter of the capital, is the highest in the sample has reached a rate of 22.8%, or half the capital was ranked second by 12.2%, from the sample, followed by 10.8% of those who Third the amount invested in mutual funds, investors have been proportion in the total amount of investment funds 4.4% of the sample. -- The 41.2% of the sample dealing with the capital market from one year to less than two years, followed by two years to less than five years by 26.6%, lower categories of those who have dealings with the market for one month, five-year rate of 5.6% for both. -- The 63.6% of the sample pursue its shares daily, weekly follow-up mechanism by 22.8%, while shares of pursuing per month amounted to 10.6%, followed by anybody annually by 3% only. -- In terms of method of dealing in stock speculation are the only category accounted for less and went 23.8%, while investors are the only category higher percentage reached 40.2% and the proportion of speculators and investors in the same proportion reached 36% of the total sample of the study. -- To 33.89% of shareholders in the funds investment funds followed a week. While anybody month amounted to 28.83% proportion, while observers annual rate of 9.83%, and follow the daily rate of 27.45%. -- The various sectors of the preference shares fluctuated in popularity among families and investors have achieved industry contributed the largest percentage, ďż˝ďż˝ďż˝

hitting 44.8%, followed by the services sector by 36.6%, followed by banks contributed 30.4%, and achieved the agriculture sector in preference to the 25.6% of the sample, and then tracked sector Communications and electricity and then followed by cement insurance sectors recorded lower turnout rate of 6%. -- In terms of the importance of information sources for the study sample, it made a television first source in importance by 50.4%, and relatives in important Internet at a rate of 49.4%, followed by specialists in the field of investment by 40.2%, and then personal experience by 30.8%, and then by 25 daily newspapers % Of the sample and the least important source in the group were friends and family by 19.6%. -- 47% of the sample knew the meaning of Financial Statements, compared with 53% of the sample did not know the meaning of the list, one of the most important financial information that must be known before buying shares. -- That they have no knowledge of lists of financial follow up all but 77.87% of whom are keen to follow up, compared with 22.13% is not affiliated. -- That anybody lists of financial investment decisions are affected by the follow-up to these lists by 68.94%, while 31.06% is not influenced their decisions to follow the lists of Finance. -- The 63.4% of the sample traded shares through the Internet, and then lounges trading banks by 20.2%, the lowest rate of dealing through the intermediary was 16.4%. -- Most members of the sample owns governor and the special investment accounted for 83% and 17% of them do not own investment portfolio, especially for their dealings through an intermediary or share the governor with their family members or friends. -- The 64.4% of the sample do not sell their shares at lower prices, and sell part of it by 24.4%, the lowest rate of decision makers Direct sales amounted to 11.2% of the proportion of the sample. -- The 50.2% had been affected by loss of their expenses in the capital market, while 49.8% were not affected by the costs of these losses -- The 13.8% of investors took the bank holding liquefaction research sample investment portfolios and 86.2% Bank had not realized investment portfolios. -- The 83.8% of the sample considered themselves non-professional investors, and the rest of them consider themselves professional investors. -- The 87.2% fall in the average level of high-level strategy followed by 11.2% of the sample and the least proportion of low level by 1.6% of the sample. -- The 58.4% of the sample does not depend on the mediator in the investment ratio, while 41.6% of the sample invest through an intermediary This may be one mediator relatives by 21.4% of the sample, or a friend by 13% or office investment by 7.2% of the sample. -- Keen 59.9% of the sample who deal through an intermediary in the capital ďż˝ďż˝ďż˝

market to learn the experiences of the mediator, and 54.8% are keen to prove the existence of securities investor rights to the mediator, and 39.9% are keen to know the data broker and qualifications.

Second: to draw conclusions in the light of assumptions: -- There is a positive correlation between the total investment strategy of the family and all the axis of Saudi interlocutors (setting goals, planning, implementation, evaluation), both from the Department of suppliers of money and time. -- There is no relationship between the relational investment strategy for the family of Saudi Arabia and the total family relations, while there is a positive correlation between strategy and the relationship of fathers with children, as well as the presence of relational negative relationship between strategy and the family relationship with the surrounding community. -- There is no relationship between the relational investment strategy and the psychological state of the family, while there is a positive correlation between the psychological state of the family and the focus of family relationships, and relational negative relationship exists between mental state and the relationship between parents and children. -- There is a positive correlation between the total investment strategy of the family and all the axis of Saudi interlocutors (setting goals, planning, implementation, evaluation) and ambitious venture. -- There is a correlation between educational level of husband and investment strategy, and there is no relationship between the relational investment strategy and other demographic variables. -- No statistically significant differences between the families sample, which is doing research budget for the fiscal income families that do not work a budget for the fiscal income for families is doing a budget for fiscal income in total investment strategy every stage (setting goals, planning, implementation, evaluation) . -- No statistically significant differences between families following the financial statements and families that do not follow financial lists in the strategy for families up to the lists of Finance. -- There is no divergence between D. statistically families in the investment strategy depending on the nature of the activity in the capital market investing or speculating or engaged in investment and speculative together. -- There was a divergence D. statistically among the families in the ambitious ďż˝ďż˝ďż˝

venture to families depending on the level of investment strategy for families with high investment strategy. -- There was a divergence between D. statistically families at the centre of the impact on the financial management of income between different groups of sample families in the strategy for the category of families with high investment strategy. -- There was a divergence between D. statistically families in the management of supplier time depending on the level of strategy, there is no divergence between D. statistically families with the strategy of low, medium and high impact at the centre of family relations. -- There is no divergence between families at the centre of the psychological state of the family depending on the level of strategy, and there are differing D. statistically among the families in the ambitious investment and financial management of the resource according to the value of capital which the family entered the capital market for the benefit of families who entered an amount less than 10,000. While There was a divergence D. statistically in the strategy depending on the value of capital.

Recommendations: -- Make the family need to choose the right time to start investing their resources, with the amounts of savings and not resort to borrowing or selling family property. That after the formation of a specific amount of money at a time consistent with the growth phase of the family. -- Interest in educating families through various media to provide the information necessary to deal in the capital market, the most important terminology .. Through seminars and lectures to guide investors the right way to invest, which helps them to achieve high profits and prevent the risks resulting from lower investment awareness and making hit-and-miss. -- Attention to the teaching principles of management, savings and investment through the curriculum at different stages of education to equip young people basic information in this area, and urged the need to manage financial income and benefit from that investment in the development of thought proper to build a good future, God willing. -- Directing families to read the market well before the start of investment, and not hasty investment decisions and study before implementation, and subscription to the company and retain good quality equity and not to sell immediately. -- Warn families not to direct all amount invested in investment channel one and several channels of distribution to give the whole capital market to prevent the loss of full and reduce the risks as possible. -- The participation of all family members in planning for the future of family-oriented investment and thus the ďż˝ďż˝ďż˝

public interest of the family. -- Keenness to follow up on the competent authorities and the media to identify reliable market developments and knowledge of times good investment. -- Belief that what affects one's loss of money is from God and not to develop it and reflect on the investor and his family and social ties negatively. -- Not to rely on that the investor will achieve quick profit, but that depends on the profit achieved slowly and constantly. -- Make investors through the competent bodies of the difference between investment and speculation and risk investment. -- Orientation of experienced and competent in the absence of the ability to make the right decision to invest. -- Activating women's competencies in banks (Branch women) in investment in capital market for the world body to provide accurate information about the components of the portfolio and provide advice that helps them make a decision on buying or selling good. -- Further studies and research in the field of investment in the domestic capital market. -- To fly to different areas of investment and not to limit investment in capital market just like orientation of small-sized projects and support.

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