Saturday, April 08, 2006

Invest and make money work for you

Investing money is must for various reasons. You need to educate yourselves the importance of investing and saving. Educate yourselves to take action. After all knowledge of something is not going to help unless you have taken some action on that knowledge. There could be n number or reasons for saving and investing. But, one main reason is security for your future - financial security. You cannot have money sitting in your bank account doing nothing. It needs to go out and bring more money. Especially for the long term, investing can generate greater returns. The sooner your start the better. Losing few years of your investment time is going to have a huge effect on the interest or returns you would be earning.

You need to invest for :
1. Financing for the future.
2. Education both school and professional
3. Big Purchase (i.e. home, car)
4. Retirement

Investing will supplement your income in case of emergencies like
1 Illness
2 Death in Family

Investing also helps in getting appropriate
Tax Advantages.
Leaving something for your future generation.

Saving and Investing will keep you calm and you will have better physical health,less risk and lower stress.
Create assests through saving and investing and you will have better physical, mentaland financial health.
And finally, you would be happy and thrilled with joy knowing your money is working for you.


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