Shaun Stenning Reasons Why You Should Start Investing Right Now
The best time to start investing is right now. You might be telling yourself that you don’t have a lot of extra money to invest when you’re in your 20s but remember, it is you who has a very valuable asset within your reach, and that’s time.
According to Shaun Stenning, “If you don’t invest, you are missing out on opportunities to increase your financial worth. “
“Of course, you have the potential to lose your money in investments, but if you invest wisely, the potential to gain money is higher than if you never invest,” Shaun Stenning said.
By investing early, you give your money a chance to work smarter versus putting out larger amounts of money in later life. If you still need concrete reasons to get it going, we got four major ones for you.
Here are the top 5 reasons to invest your money:
1. Grow your money
This return allows your money to build, creating wealth over time.
2. Save for retirement
Becoming more conservative with your investments as you grow older can be wise, especially as you near retirement age.
3. Earn higher returns
According to Shaun Stenning, In order to grow your money, you need to put it in a place where it can earn a high rate of return. The higher the rate of return, the more money you will earn.
4. Reach financial goals
Investing can help you reach big financial goals. If your money is earning a higher rate of return than a savings account, you will be earning more money both over the long term and within a faster period.
5. Be part of a new venture
New ventures need the backing of money, and they look to investors for that backing.
No matter how old you are, or where you are in life, it’s never too late to start investing. You can’t change what you’ve already done—or what you haven’t—but you can change your future for the better. So what are you waiting for? Now is the time to start investing. Like, right now. Your future self will thank you.
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