THE REASONS TO INVEST
Over the last decades investing has become more and more important, because the future of social security benefits becomes totally unknown (if somebody has a doubt about the last statement – watch evening news).
The overall purpose in investing is to create wealth and financial security over a period of time. It is important to remember that you will not always be able to earn an income…
People for now want to insure their financial futures, and they start to realize that if they are depending on social security benefits, and/or retirement plans (such as 401k or similar to that), that they may be in for a rude awakening when they no longer have the ability to earn a steady income. Personal debt has been mounting for many people around the world and this roller coaster never seems to stop. So many people get their bills and pay the minimums and don’t even seem to stop for a moment and have a think about the hole they are digging. In some cases investing is the answer to the questionable future.
Some of you may have been saving money over the years in a low interest accounts. But your expenses are growing (a new home, a college education for your children, or expensive “toys”) and you’d like to see your income grow at a faster pace. Perhaps you’ve inherited money or realized some other type of windfall, and you need a way to make that money grow. In this case investing is the answer too.
There are many paths you can go down when you get into investing, but one thing you can be sure of. With education and research you will make money. You are already beginning your education by reading this page, that’s a great start. Continue on this road and make your money work for you!
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