Investing Now For a Fruitful Future

Investing has become gradually more important over the years, as the future of social security benefits
become unpredictable. People want to insure their futures, and know that if they are depending on Social
Security benefits, and in some cases retirement plans, that they may be in for a rude awakening when they
no longer have the ability to earn a steady income. Investing is the answer to the unknowns of the future.

You may have been saving money in a low interest savings account over the years. Now, you want to see
that money grow at a faster pace. Perhaps you�ve inherited money or realized some other type of windfall,
and you need a way to make that money grow. Again, investing is the answer.  

Investing is also a way of attaining the things that you want, such as a new home, a college education for
your children, or expensive �toys.� Of course, your financial goals will determine what type of investing you
do. If you want or need to make a lot of money fast, you would be more interested in higher risk investing,
which will give you a larger return in a shorter amount of time. If you are saving for something in the far off
future, such as retirement, you would want to make safer investments that grow over a longer period of time.

Over a period of time, the overall purpose in investing is to create wealth and security. It is important to
remember that you will not always be able to earn an income or you will eventually want to retire.

You also cannot count on the social security system to do what you expect it to do. As we have seen by
example what happened with Enron, you also cannot necessarily depend on your company�s retirement
plan either. So, again, investing is the key to insuring your own financial future, but you must make smart
investments!

When it comes to investing, many first time investors want to jump right in with both feet. Unfortunately,
very few of those investors are successful. Investing in anything requires some degree of skill. It is
important to remember that few investments are a sure thing � there is the risk of losing your money!

Before you jump right in, it is better to not only find out more about investing and how it all works, but also
to determine what your goals are. What do you hope to achieve with your investments? Will you be funding
a college education? Buying a home? Retiring? Before you invest a single penny, really think about what you
hope to achieve with that investment. Knowing what your goal is will help you make smarter investment
decisions along the way!

Too often, people invest money with dreams of becoming rich overnight. This is possible � but it is also rare.
It is usually a very bad idea to start investing with hopes of becoming rich overnight. It is safer to invest your
money in such a way that it will grow slowly over time, and be used for retirement or a child�s education.
However, if your investment goal is to get rich quick, you should learn as much about high-yield, short term
investing as you possibly can before you invest. 

You should strongly consider talking to a financial planner before making any investments. Your financial
planner can help you determine what type of investing you must do to reach the financial goals that you have
set. He or she can give you realistic information as to what kind of returns you can expect and how long it will
take to reach your specific goals. 

Again, remember that investing requires more than calling a broker and telling them that you want to buy stocks
or bonds. It takes a certain amount of research and knowledge about the market if you hope to invest successfully.

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Doyle invites you to find out more about Investing and related topics at All Business Facts

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