Can you imagine not having to work for a day for the rest of your life? Can you imagine having your money work for you while you just chill at the beach and have the time of your life? Can you imagine not having to imagine these things and finally make your financial dreams a reality?

What if we told you this was possible?

How, exactly? Investing makes these dreams – and more – possible for you.

We understand it’s a very daunting move to pull that hard-earned money from the bank and place it on something unfamiliar to you like stocks, bonds and other investments. However, a simple leap of faith can go a long way. With the right kind of research, knowledge and resources, investing can bring you the financial freedom you desire to finally have time for the things that truly matter in life – family, friends, vacations and the things you’re passionate about.

Did we paint a nice and vivid picture for you? Good. Maintain that drive; you will need it as you start your investing journey.

In our article What is Investing, we have mentioned that investing is getting your money to work for you. You put your money in income-generating assets such as stocks, bonds, mutual funds, precious metals, real estate or your own business with the intention of profiting from these investments.

Investing means maximizing your earning potential. Let’s say you set aside $1,000 of your salary as savings per month without investing it. At the end of the day, you still only have $1,000 – okay, maybe with a little interest income from your bank deposit – but that’s about it! However, if you invest a portion of your savings – say, $500 – in, let’s say, the stock market, that money has the opportunity to earn for you. At the end of the day, you may have not only $1,000 in savings but also the income you earn from your investments. Not bad, eh?

Of course, we’ll be straightforward with you, it does not happen overnight. You have to the find the investment mix that is right for you depending on the investment risk you can tolerate and the amount of money you can afford to set aside to invest. There will be bad days, for sure, but you will know what to do with the right kind of advice and research.

Here’s some advices before you invest

  • Know your goals – Want to prepare for the kids’ college tuition? Travel the world when you turn 35? Own a beach house somewhere in Southeast Asia? Retire prosperously? Be prepared in case of emergencies? Whatever your goals are should be clear to you as this will dictate how much you need to earn and by when you need to accumulate these earnings. These factors will be of great help in choosing the type of investments you should consider.

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  • Start learning now! – If not now, when? The earlier you learn and invest, the more investment opportunities and experiences for you!
  • Patience, tiger – We know it took a lot of guts from you to invest, so we also understand if you would want immediate and tangible returns. Generally, though, it doesn’t work like that. Easy, tiger. You’ll eventually get there.
  • Research, research, research – We can’t emphasize this any further! Always do your homework so you know what you’re getting yourself into. Ample research also comes in handy when things go south.

 

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