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Why you don’t invest your money?
– canadiancapitalist.com
Do you need to be an investor to be happy? No. Can you get rich without ever buying a single stock? Sure. Then why bother? Yeah, I thought the same.
But no matter how happy you are or how much money you make, there’s something that has been feeding off of your finances behind your back. It has a name. It goes by inflation. With time, the amount of money you have stored loses its value, its buying power bit by bit. To put it in perspective, what you could buy with a dollar in 2010 would cost you $1.27 today. That’s a 26.84% price hike in 11 years. While most countries target an annual inflation rate of 2–2.50%, the U.S. (6.2%) and India (5.56%) are in their own contest. It means if you are from any of these countries, that much of value your money is losing every passing year.
That’s where the concept of investing comes in handy. The idea is to use your money on some assets whose value appreciates over a period. While the equity market is one of the most accessible forms of investment, there are other options as well, such as real estate, hedge funds, commodities, or crypto…
