Here are 5 reasons why you should start investing
1. POWER OF COMPOUNDING
Compound interest is growth earned on growth. This implies that as your principle grows, you will earn more money in each cycle. By continuously reinvesting your investment earnings, you are exponentially increasing your return on investment.
2. OPPORTUNITIES
Sometimes life presents us with incredible opportunities that necessitate capital backing. Opportunities arise periodically in life, and when you have capital on your side, you can seize them and expand your wealth.
3. RETIREMENT
3. RETIREMENT
Your employment will provide for you until you reach a particular age. Allow your retirement to be everything you have envisioned it to be. Work towards creating a pool of resources, so that finances are the least of your concerns at an older age.
4. ACHIEVE YOUR GOALS
Once your goals are set, you may devise an investment strategy to achieve them. Take your existing assets, reserves, and cash flow cycles into consideration as you plan your investments. While it is important to plan for the future, you should also enjoy the present!
5. FINANCIAL FREEDOM
5. FINANCIAL FREEDOM
Money is the means to an end - not the end itself. Achieve financial independence so that you can focus on things that are actually important to you. Invest one step at time. After all, slow and steady often wins the race!