Why Invest?
As a medico turned investor, I had no former background in finance. Also, I rarely used the word ‘investment’ in my communication.
From there to being an avid investor with a well-diversified portfolio, I learned a lot of things. These learnings would go a long way in guiding other newbies into this investing world.
Here, we would be referring to investing in the Stock Market only.
Otherwise, there are a lot of other avenues for investing, like real estate, cryptocurrencies and tokens, NFTs, and Land in the Metaverse (I like to call it virtual estate, lol).
Why invest? Why bother?
One of the first things that bothered me was the curse of inflation. To simplify, governments worldwide keep printing money to set off debt. So, upon a bit of pondering, it becomes clear that the cash decreases in worth. It can progressively buy lesser and lesser items.
This means that all the hard work we put in to earn money and someday retire would be of lesser value than it is today.
What, we work hard to grow poorer by the day?
Sadly yes.
