Have you ever wondered ? HOW the Rich acquired wealth and successfully multiplied it with an amazing pace and continuity ? Have you ever pondered? HOW their money-boxes keep jingling all the time--- 24x7?? Well, the MASTER-KEY is to put your BEST Horse before the cart!
And how? Obviously by ---- INVESTING
It can be as simple as you would like it to be …… Investing is 'Harnessing' your money to make more money! SOW MONEY TO REAP MONEY---that is what INVESTMENT is about!
There was a time when it was imbibed on our minds that the only means to earn money was to take up a job and go through the throes of the run-of-the-mill routine! We did that all along –often working extra hours to put aside a cozy amount for a rainy day! But we had to draw a line somewhere since there was a limit to the extra number of hours we could put in—at the expense of sacrificing our precious leisure time!
Since we have not been endowed with the innate quality of creating our clone (or duplicate) to invest more working time, it becomes inevitable to employ an extension of yourself ---your precious money to work! Have you realized that your Money is your best Clone who works for you in your absentia and multiplies your affluence even as you are reading, relaxing or dreaming?!? Isn’t it as assuring as it is thrilling to discover that there’s somebody –your very own— to toil for you while you put up your feet and take a break? On the other hand, if you happen to work at the same time in your office, you and your counterpart can reach the highest peak on the graph of affluence!! It is yet another way TO EAT YOUR CAKE WHILE THE SECOND ONE IS BEING BAKED IN THE OVEN!!
You may contemplate regarding the numerous ways to go about Investing! Yes, you are right; there are different ways like Stocks, Bonds, Mutual Funds, Real Estate or starting your Own Business---but all of them gleefully lead you to the same destination! These methods are often designated as Investment Vehicles’ and all ‘Vehicles’ have their share of positive and negative characteristics to offer.
No matter which method of Investment you employ, the goal is to multiply what you invest. The goal is that your invested money should multiply and grow like a ‘fruit-laden tree’ that keeps giving you sweet fruits in the form of long-time benefits! Though the concept is simple, it is equally important that you understand it before implementing the same.
To have a crystal-clear concept regarding Investments, it is better to dust the cobwebs of misconceptions shrouding it – giving it a different identity altogether! Which are these misconceptions?