Investing is widely regarded as something that is beneficial, especially if we are seeking to grow our finance.
But if everyone is hoping to become wealthier, why isn’t everyone investing?
Some people don’t invest because they can’t afford to. After allocating most of their monthly income to other commitments, they simply don’t have enough money to put into investing.
Then, there are others that don’t invest because they perceive investing as a high risk endeavor, only suitable for those who have the time to stare at stock charts all day long. This is simply not true.
Beside money, investing definitely also requires adequate knowledge. These knowledge can easily attained from resources such as books, videos, and investment websites. You definitely don’t need to be a Warren Buffett or Ray Dalio to start investing.
On top of that, investing would also require some experience and one way to achieve that would be to start small.
Someone who wishes to take advantage of investing can start off by just investing a small amount of money into it. And the earlier one starts to invest, the better. Only when they have gained more confidence, then they can decide if they would like to increase their investment funds.
Investing used to be a rich man’s game. But not anymore. Today, people from all walks of life are investing from the convenience of their smartphones.
You can simply open an account with one of the many available brokerage firms and start investing your money right away.
Unfortunately, for every ethical broker out there, there is one that is self serving and want you only to help them fulfill their own commission and sales target.
It is only my responsibility to remind you to always be cautious about greedy brokers, complicated investing fees structure, and undesirable length of minimum period of duration. Too complex? Just remember that if something is too long, too expensive, and too complicated, just walk away. Missing out on a great investment is always better than getting stuck in a rotten one.
Always ensure that your broker is reputable and also that you are comfortable with whoever’s helping you.
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