5 Main Reasons Why Become an Investor Right Now
Non-investors and people who do not have special knowledge or who have not been trained as finance professionals naturally tend to be skeptical about trusting someone to manage their money. However, with the economy as unstable as it currently is, people eventually have to decide on how they could preserve and, hopefully, grow what they have saved.
There are at least 5 reasons why you should try investing today.
1. Conquer Inflation.
As the inflation increases, you can buy less for your money. Tomorrow, a thousand rubles you have today will actually no longer cost 1k rubles.
Meanwhile, we should not overlook the fact that as service and commodity prices grow all the time, they enable businesses to bring in greater profits, which triggers higher stock prices. If you watch the global indices dynamics over a long period of time, you’ll understand that inflation is an index growth contributor along with other price drivers.
Actually, inflation works both ways and can take advantage of it by earning a return on your money.
2. Reach your money-related goals.
Most of us have many wishes and dreams (like to travel, to have house of their own and many more) that never become a reality. These are difficult to achieve when the only money you earn is your monthly salary. Another bad news is that given the economic downturn, an average person might lose their job at any point of time.
Alternatively, if you invest, you may become able to reach your most ambitious goals that you’ve never believed you could achieve.
3. Investment as passive income generator.
If you happen to be an average white-collar worker, your salary will depend on your work hours. So the only way to earn more is to spend more time working.
And when you decide to invest, you have to dedicate an amount of your money, time and efforts once. After you have done that, you won’t have to work much on your returns. Instead, your money will work for you.
An investor creates assets that will further become a source of their passive income.
4. Virtually anyone can become an investor.
It’s not as difficult to become an investor as it might seem when you first think about it. You need to have a quite moderate amount available to make an initial investment. So virtually any person can become an investor. It is commonly known that ordinary housewives day trade in the US stock market.
With the wealth of publicly available information, even a market neophyte can understand all aspects they should know about as investors.
5. When you decide NOT to invest you might be taking MORE RISKS than when you opt to make an investment.
If you do not invest your money, you actually have to face all the financial risks that may exist. Your money is a dead weight, and they do not work for you. So you are none the better off financially.
In just a few years, your cash and the money on your bank account will cost less than they do today.
