Investing means putting your money to work for you. We are taught that to earn an income we go out and get a job, and that's what most of us do. But, there is a limit to how many hours we can work to earn that income. Using money as an extension of yourself, and putting it to work for you, will allow you to earn even while you’re sleeping, vacationing, or having dinner with your family.
There are many types of investments. They include stocks, bonds, mutual funds, real estate, or even staring your own business. Every investment option has positives and negatives. We can help you explore many different types of investments and find the ones that are right for you.
The important thing to remember is that investing is not gambling. A real investor does not throw his or her money at any random investment or “bet” on an uncertain outcome with the hope that it will win them money. Real investing requires thorough analysis, and only when there is a reasonable expectation of profit is capitol committed. Investing still carries risk, but it is more than simply hoping that luck is on your side.
The Concept of Compounding
Albert Einstein called compound interest "the greatest mathematical discovery of all time".
Compound interest transforms your working money into a high powered income-generating tool. Compounding is the process of generating earnings on an investment’s reinvested earnings. To really pay off, it requires time. The more time you give your investments, the more you are able to accelerate the growth potential of your original investment. To demonstrate, click here: “The Cost of Procrastination”
There are many investment alternatives and we encourage you to explore them and see what works for you. But, for the smart investor, the route includes starting early and saving regularly. Call us for a complimentary consultation. We can help you get your money working for you.
