Why I should invest ?
investing vs savings
Why investing make sense rather than savings money. Is there any benefits while saving vs investing.Below are the points which help to understand why investing is important.
- Having money in cash ,it’s value decay over time .If your cash or any type of assets which does not grow by 3.22% per year , your technically losing money like slow poison without knowing the severity.US Average inflation rate is 3.22%. Say you have 10,000 $ cash value today , will be worth only $3,500 in 20 years from now.You lost 6,500 just simply having cash in saving.
- Meet the long term or short term financial goals.
- Stock market is proxy of economy . You job is depended upon financial market. You have to know what is happening around you.
- You wanted to feel proud by returns and your money growth !!.