Invest Your Money – 5 Positive Reasons Why You Should Absolutely Do That
You have a hundred dollar bill left over in your wallet or purse from last weeks pay check. Hmmm…you feel rich, looking around for the car keys, you’re considering a quick trip to the mall because the money is burning a hole in your pocket. Do you do it or do you do some research and begin a small investment portfolio. This article was written with you in mind if you just happened to be in this situation, I am here to stop you going to the mall!
The number one reason why you should begin investing money is compounding. Interest upon interest pays big. If you have ever played with a calculator and compounded $100 by 30% you would know that at the 28th transaction, you would have close to a million dollars. Thats just 28 steps. Could you think of a way to spend your hundred and re-sell what you bought for $130? Theres your first step! 27 to go.
The second reason why you should learn to invest is because man is deep down a hunter. Man (and woman) has been genetically programmed to hunt since our caveman days. When you begin to hunt opportunities and make them pay, there is a connection you make with your deeper being. So happiness, providing you are successful, is what investing brings.
Third, you can involve others like your spouse or family and this creates bonds. Investing is an enjoyable experience and making money as a past time cannot possibly be a bad thing!
Fourth, when you do begin achieving levels of compounding that are startling, you begin to get rich very quickly. When you know what you are doing, investment will help you retire young.
Finally, you owe it to yourself and your future. Investing capital for passive cash flow and capital gains is a lucrative game. Make it pay and your time is well invested. Forget the mall, put that hundred somewhere it will do you some good!
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