Investing can be both exciting and scary at the same time. The idea of making money without actually having to trade your time for it is quite the attractive ideal…however; with woes of an unstable economy many are reluctant to take that leap. Investing is something that is not a one size fits all sort of deal. Each person has different goals for investing, time frames for how long they want the money to be invested, and most importantly levels of risk that they are willing to take. So before jumping in the deep end, there is a few steps that every new investor will want to consider. In future post, we speak specifically to what those things are. For now, lets take a look at what investing is by definition.
Investing is the process of using money (called “capital”) to buy an asset that you think will generate a safe and acceptable return over time, making you wealthier with each passing year. An investment can include anything from a small business to fine art, rare wines to gold coins, comic books to stocks, mutual funds, bonds, real estate, and antiques, just to name a few. It can also include song rights, patents, trademarks, or other intellectual property, as it is often called. Good investments are the soundest way of growing wealthy but can take time, perhaps even years, to work out because we live in an uncertain world.
Investing should be fun, practical, and goal oriented primarily. This section will provide you with some insight as to what it means to invest and various things to consider when investing. From time to time there might also be some information and resources with ideas for actual investment opportunities. Be sure to comment and leave feedback and let us know your thoughts along with different things you would like to see us address in this section.