Do I Need To Invest? Absolutely!
Investing allows you to prepare for the future. No one wants to labor to the grave. Investment is thus a way to secure your future. However, don’t make a mistake of rushing into an investment where you don’t have a clue.
Investing in any kind, whether in the stock market, in government securities or starting your own small business is always a welcome idea which can lead to a lot of looked after properly? Investing is the ultimate of the chance of providing financial freedom and realizing one’s life goals. Here are the reasons why investing is a good idea for anybody.
Investing in a retirement plan
Investing while still in employment is good because once somebody has retired the bills won’t stop coming. Therefore, making an investment that will continue bringing income in retirement such as buying shares or starting a business is the way of avoiding going broke in once retirement comes.
To supplement already existing income
One may already have a source of income from employment or other means, but it may not be enough to meet their needs and pay the bills. An alternative method of income has to be devised otherwise one will always be in debt. The perfect way of attaining this is through investing. Investing will bring in the extra income to fill the gaps that were existing and lead to financial comfort.
To create wealth
All the people who appear in Forbes magazine of world’s wealthiest people have one thing in common: they invested in something which generated their wealth. It is almost impossible to get rich through employment as you are paid after a certain period, and a significant portion of your income goes to pay bills. Making the right investment is the perfect way to becoming wealthy.
To attain freedom
Being employed may be frustrating and disgusting at times; meeting deadlines, long working hours, poor pay, having an annoying boss who is all over the place, etc. investing can save one from all these frustrations and attain the desired freedom such as being your boss
Investing out of necessity
One can invest because there exists a gap in the market which nobody is willing or able to fill. For example, there might be the need for beer in a particular geographical area, but nobody is selling beer. The investor will swoop in and seize this opportunity. This will not only bring the satisfaction of meeting the market’s demand but will bring income to the investor who is always a welcome idea.
Putting your money under mattresses does less to mitigate the effect of inflation. Also putting your money in a saving bank account does little either because of minuscule interest. However putting your money in such investment as stocks and funds introduce the concept of is, you have a higher chance of outshining inflation rate through time.
People should never hesitate to make wise investment whenever chances opportunities present themselves. Investing is the only way of securing long-term financial freedom. Somebody once said that if you do not find a way of making money while you sleep you will work until you die. Nobody wants that.