What you need to know about investing
Why do you think your money can’t be safe invested?
When it comes to money a lot of people have issues letting go. Similarly, there are a huge number of you that have a problem holding on to your money.
The fact is that if you have either of these issues you need to solve it, Quickly!
There is a lot of hype about the volatility of the stock market and the possibility of committing suicide because the stock you invested in tanked and you lost your entire life savings. There is also quite a bit of hype you will hear from cousin Larry (who has no money invested correctly), and your cousin Cindy, but what matters most is that you find out what is right for you, not everyone else.
Listening to the advice of someone who doesn’t have the right knowledge is just as costly as you making a huge mistake yourself. So it’s very important for you to seek out the right sources to get information, knowledge and a plan.
The greatest thing you will learn about figuring out investments is that it doesn’t take a 4 year degree and a doctorate. It’s quite simple once you get the hang of it.
So let’s look at some of the points and what you need to know about investing:
• All investments are not risky
The Mutual fund is a kind of investment account designed to spread your investment capital across different companies invested in the stock market. This means first that your money is not invested all In one stock, which maximizes your risk of loss. And second you money can grow faster allowing you to earn more than you would from a CD or the interest bearing account at your local credit union.
• Investments allow you to gain freedom through the growth of your money, Financial freedom to be exact. This is because the more you invest at higher returns than your bank the more your money grows. Over time smart investing like I just explained can grow to quite a substantial amount, maybe enough that you don’t have to work anymore when you need to retire.
The bottom line is, don’t be afraid to explore and learn about investing and growing money. Fear shouldn’t stop you from making money. It should stop you from wearing that really bad shirt in public at the risk of completely embarrassing yourself but when it comes to money fear should never stop you from making more of it especially through investing.
To get information on the right kind of Investing, how to find a financial coach, TIPS on money, Creating a budget, Saving, improving your Credit Score and ways to find out how you can start planning for early retirement, make additional income and get Financial Information and contact a Financial Coach leave a comment and we will be happy to help you.
Happy Friday!!
See you next week
TK
