Investing has become increasingly important to many people, as the future of social security benefits becomes unknown. In some countries social security is actually non-existent!
Everyone wants to ensure a secure future, and they know that if they are depending on Social Security benefits, and pension or retirement plans, they may be in for a rude awakening when they no longer have the ability to earn a steady income. Investing is the answer to the unknowns of the future.
Investing is also a way of attaining the things that you want, such as a new home, a new car, college education for your children, or expensive holidays abroad. The type of financial goal you have will determine what type of investing you do.
If you want or need to make a lot of money fast, you would be more interested in short term investments which carry higher risks, which will give you a larger return in a shorter amount of time. If you are saving for something in the far off future, such as retirement, a college education for your new born baby, you would want to make a longer term investment which is safer and grows over a longer period of time.
The overall purpose in investing is to create wealth and security, over a period of time. It is important to remember that you will not always be able to earn an income … you will ever want to retire.
Having observed the reason why you should invest. You have to determine the category of Investor to which you belong then seek information and details of various short and long term investment which you can involve in to yield the desired returns.
Read More…. by Catherine Adeyemi
The post Why Should You Invest? appeared first on Note Investing Seminars.
Why Should You Invest? published first on http://www.noteseminars.com/
Why Should You Invest? published first on http://www.noteseminars.com/
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