Better Things ahead for yourself & any you leave behind.
Making the most of what we have…
What to do, in order to Rise above the blues?
Investment
Consider your Investment to be a Tree. You provide the tree planted to survive all the adverse conditions.
Depending on the choices, the result received is a finely pruned Garden with fruitful productivity certainly or the uncertain Wild Forest.
Both results have their Pros & Cons the wild forest might be uncertain but if the forest is more likely to succeed in adverse conditions due to diversity and adaptability of the wild.
Like Wikipedia mentions, to Invest is to allocate money or any another resource for some benefit in future.
Investing money provides returns in the form of money.Whereas investment in the form of time result in nurturing and shaping up a benefit with directly or in directly returning the fruits of what you sow.
"An investment in knowledge pays the best interest." Hence said
"Invest in yourself. Your career is the engine of your wealth."
Investment comes in various types it can be done in a lot of different ways.
Investment leads in the roadmap to Financial Security. The starting step for investment is Savings.
Like Robert G. Allen says:
"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case."
That’s because while money does not grow on trees, it can grow when saved and invested wisely.
Knowing how to secure your financial well-being is one of the most important things you’ll ever need in life. You don’t have to be a genius to do it. You just need to know a few basics, form a plan, and be ready to stick to it. No matter how much or little money you have, the important thing is to educate yourself about your opportunities.
No one can guarantee that you’ll make money from investments you make. But if you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits.
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Saving for the deposit on a new car or next year’s holiday is different from investing to achieve a long-term goal, such as building up a retirement pot or paying school fees. Saving generally involves putting money into a bank or building society account or money market fund that is relatively safe and pays a fixed, although typically low rate of interest. However, a savings plan may not earn you wealth enhancing returns over the long term and taking into account the impact of inflation the real purchasing power of your money will likely decline. Investing, on the other hand, can help you to both create and preserve your wealth.
The other day I came across some wise words by - Robert Kiyosaki:
"It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for."
If you're a millionaire by the time you're 30, but blow it all by age 40, you've gained nothing. Grow and protect your investments by carefully diversifying it, and you may find yourself funding many generations to come.
It’s your Choice!
The most important thing is to get started.
Hope you find the article helpful.
Have any of you made your plans?
Remember that investing successfully is about knowing what you want, understanding your time frame for investing and your attitude to risk, and then making a plan to help you achieve your objectives.
If you have any questions related to your investment decision or the suitability or appropriateness of your Plan or if you are looking for a financial adviser you can Contact us
The world of investing can be cold and hard. But if you do thorough research and keep your head on straight, your chances of long-term success are good.
Refer back to quotes like below when you're feeling shaky or are confused about investing.
"Know what you own, and know why you own it."- Peter Lynch
OR
"I would not pre-pay. I would invest instead and let the investments cover it." - Dave Ramsey
