quarta-feira, 19 de fevereiro de 2020
Know why you should invest
You already know why you want to invest. But do you know why you should invest? Could you not save money and let it rest in a savings account and achieve the same goals?
There is one big problem with cash: inflation! The value of your money will decrease over time. Inflation increases the prices of goods over time. On average, inflation goes up.
Inflation means that the money you acquired through hard work will have less value in the future. With the same amount of money, you will be able to afford fewer goods.
And the problem with bank accounts is that they do not follow inflation. By leaving money on your bank account, it is losing value over time.
On the other hand, investing in the stock market has higher historical returns than inflation. Investing means that you will generate more value from your money. And inflation will not eat up all your gains.
And since the returns will be higher, your money will grow without you having to do anything. You want your hard-earned money to work for you!
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