Well, I recently wrote an article based on "Why Is It Important To Be Rich?" ; & the reason that I wrote that article was that -- Why is being rich a necessity? ---- The real reasonable yet obvious causes were covered & yeah, it's not just about having the ability to buy materialistic things. But yeah, that's a perk, you know!
Here, you can check that article out if you want to:
Why Is It Important For Everyone To Be Rich?
& this article is pretty similar 'cuz I'll cover some reasonable causes of the importance of Investing.... So here are the points // reasons mentioned & later I'll also talk about each in details....!
:
1. There isn't a requirement to work (no physical labor required)!
2. Your Money works for you (producing more Money)!
3. Earn While You Sleep!
4. Retire Young!
5. No reason to depend on others even if you are Old!
6. Still Earning while being old!
7. Inflation beating Returns!
I think these points are kind of great for an overview, so that you know what you can expect in this article!
Anyways, so....
Here we go with the Details of each point....
There Isn't A Requirement To Work (no physical labor required)!
Apart from researching a bit & like carefully picking stocks to invest in. You are pretty much all set & just free. There isn't any physical labor required for this task. There isn't someone enforcing you to invest & neither is someone ordering you any tasks that you've got to do, as in jobs!
So, I hope this made some sense!
Your Money works for you (producing more Money)!
Now, having your money to work for you is within itself one of the greatest things one can really achieve.
It is pretty much of a perk; Money Producing More Money!
Earn While You Sleep!
Haven't it been our dream to earn while we sleep?
Do, why not go on? -- As it's a dream come true!!
Moreover you sure do know the quote, dictating, “If you don't find a way to make money while you sleep, you will work until you die.”
Anyways, so, moving onto the next point....
Retire Young!
Again; why would you want to work your life.... Re-read the above stated quote once again!
Once you've got your money to work for you. Feel free to quit your job, anytime! Just be sure that your money is gonna keep on generation a decent amount of returns every once in a while! ---- It's also what we know as Passive Income!
No reason to depend on others even if you are Old!
You don't need to work....! Your money works for you, literally all the time! & you just a re earning while you sleep! ---- Why would you look up to someone to depend on?
Still Earning while being Old!
---- because it doesn't require any physical labor; you'll still be earning a decent amount of money even when you're Old!
Inflation Beating Returns!
You know Inflation tends to rise with a certain percentage every year.... But do you know that usually Share Market gives us more returns than Inflation can deduct from us on a yearly basis!
I hope this made some sense!
So these were the only points, I foud important to mention, here!
Moreover, Investing is not easy! It is not the game of Luck!
It takes time to build large portfolios!
So always do your research properly...., make sure you use the right information while performing the calculations!
If you are interested in wanting to learn more about Finance Related stuff.... Than I'll recommend you to Stay Tuned to RSPH Blogs - Finances!
---- We tend to cover even the Complex Financial Concepts & explain in simple terms!
Here are a few Articles on Investing, that you May find helpful....!
:
What Is Share Market? Everything You Need To Know About Share Market!
Long Term Vs. Short Term Investments!
What Are Commodity Investing? Introduction To Commodities Market!
What Are Derivatives? Types Of Derivatives! Financial Derivatives Explained In Simple Terms!
How To Calculate The Intrinsic Value Of A Stock? With Live Example!
Is Investing In Share Market Gambling?
Bonds Vs. Stocks! Are Bonds Safer To Invest In Than Stocks?
Introduction To Crypto Currency! Bitcoin!
What Is Bitcoin Mining? GET FREE BITCOINS?!
What Are ETF's? Introduction To ETF's (Exchange Traded Funds)!
What Are NCD's (Non-Convertible Debentures)?
Who Is An Enterprising Investor? Benjamin Graham's Definition Of An Enterprising Investor!
What Is Short Selling? Explained In Simple Words!
What Are Penny Stocks? Should You Invest??
What Are FMCG Stocks & FMCG Companies?
Must Read Books On Investing For All!
& there are a lot more.... You May Check RSPH Blogs - Finances! ; for more such informative articles//blogs!!
Anyways, so that's all for today....
Thanks For Reading!
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