“Never depend on single income. Make investment to create a second source” ~Warren Buffet
To get started, Investing is a broad topic, by definition the meaning ‘to use the money to produce profit’, the profit could be interpreted as something material or immaterial, i.e. the simplest form would be money, or any gains in materials, or it could come in the form of non-physical items, such as a knowledge, We have been investing from now and then, studying is an investment by nature, prosecuting an idea is an investment, all these things we did because we wish to get something equal or greater in returns.
When we come to investing in money, the unfortunate truth is that many of us are clueless and don’t know where to start,
“It takes money to make money.”
It is this very phrase we’ve been thrown around when coming to investing, it’s a phrase that, unfortunately, stops people from investing before they even start. They fear the unknown and misconception that they need to have a lot of money before they can invest, which are all the excuses they made up for themselves.
Thankfully, we can avoid all of this, it is not hard to understand investing in money, and we don’t need to go through those lengthy and technical papers, in fact, to invest wisely, simply understanding a few of the basic fundamental will get you started. Yes, you heard it right, by knowing the fundamental; you don’t need a financial advisor, and paying for insane commissions to invest. And thanks to the internet, it doesn’t matter if you have $100, $1000, or $10,000. You can invest and get your money working for you anywhere, anytime.
Click HERE to learn about the Types of Investment Products.