THE IMPORTANCE OF EARLY INVESTMENT

in hive-152587 •  4 years ago 

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In this day and age, people have many needs and desires. Needs and desires are increasingly difficult to distinguish because of the demands of growing age. An increasingly complex lifestyle also makes people have many demands to support their lifestyle. To meet all these demands is certainly not enough by relying on salaries or snack money provided by parents. Therefore, it is important to find a way to use the money we have in order to meet all kinds of needs and desires. One way to use the money we have is to make investments.

Investment is an act of investing resources or capital that we have in the hope of getting a greater return in the future. Investment is very important from the beginning so that we can prepare for planned and unplanned needs in the future, such as education funds, funds in times of illness, or pension funds. In addition to preparing funds for future needs, investing is also to protect our assets from the threat of unpredictable inflation.

There are many investment instruments that can be done, such as time savings/deposit investments, gold, property, foreign exchange rates, or stocks. The choice of existing divestment instruments must be based on the purpose of making the investment itself. In general, investments can be made for the long, medium, and short term. Long-term investments can be deposits, property, mutual funds, and stocks. Medium-term investments can be gold investments. While short-term investments can be foreign exchange investments.

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In addition to being based on its objectives, the selection of investment instruments must also be based on the investor's knowledge of the risks of the investment means to be chosen. Good knowledge of the selected investment instrument will be much better to minimize the risks. Investments in property, gold, deposits, foreign exchange rates have less risk compared to stock investments. If investors are interested in stock capital market investments but do not have a good knowledge of the stock capital market, can use mutual fund investment instruments where the capital we invest will be managed by an investment manager or professional.

Basically, investments are made to protect the assets we own or get a bigger return. Therefore, it is important for us to make investments as early as possible. But in making investments, investors should also know the purpose of making investments and risks. Therefore, be a wise investor in making investments so that one day can benefit from the investments that have been made.

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God bless u for such article,this will make the young onces learn and change.Thanks

thank you for the response, friend.

Great post. Everyone knows the importance of time.

“Compound interest is the eighth wonder of the world” Einstein

I wish I had started investing when I was in high school.
Thanks for the awesome post.

Ok, thanks too, man. The sooner you start investing the better.

Indeed.