Introduction to Investing-editing
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Introduction to Investing Investing is one of the most overlooked yet important aspects of human life. Many people put off investing or simply do not put any of their money away their entire working life and when it comes time to retire, there is nothing there for them. In this world of uncertainty when it comes to Social Security, it is imperative that an individual invests some of their income for their f uture use and retirement. Puttin g o ff i nvest in g is one of the most thoughtful things you can do for your f uture. When i t co m es to investing, time i s your greatest ally . Time allows you to earn compound interest on your bank accounts, own stocks whose dividends are reinvested and whose shares split, as well as own properties that continually increase in value. There are many excuses for someone to put off investing. ³I¶m too young; I¶ll start in a few years when I am making more money´, etc but pretty soon they realize that they are nearing the age of retirement with little to no money waiting for them when they finally retire. This is not a fun situation to be in. when most people are retiring that individual is forced to stay in the workforce to support themselves and make a futile effort to build some kind of portfoli o t o all ow them to reti re before lif e get s the best o f them. When many people think of investing, they think of the stock market. Though this is a major part of investing, it is by no means the only one. There is real estate, bonds, and even banks. You may wonder how a bank can be considered a good investment. Though it may not make you much money on your money, they are a place to build up your funds to invest other places. A bank can be an important stepping stone on the road to a comfortable retirement. It is also important not to tie all of your money up in one place. Have a little bit in real estate, a little bit in stock market, a little bit in bonds, and yes a little bit in a bank as a backup. This is kind of a safety net. If one part of your portfolio should underperform one year, the other
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