#INVEST MONEY TO MAKE MONEY IN YOUR 20s
Investing is not a get-rich-quick scheme, rather than to grow your wealth with littke you have.
You should set goals of your investments and determining where to invest money to best achieve each goal.
When you are investing money, you are simply buying a portion of a company or a commodity with the belief that the value of that company or commodity will grow over time.
The morden ways to invest your money
- The Stock Market
The most beneficial place for an investor to put their money is into the stock market.
When you buy a stock, you will then own a small portion of the company you bought into.
When the company profits, they may pay you a portion of those profits in dividends based on how many shares of stock you own.
When the value of the company grows over time,the price of the shares you owngrows Consistently, meaning that you can sell them at a later date for a profit.
- Investment Bond
When you purchase a bond, you are essentially loaning money to either a company or the government. In the end,when the
The government or company selling you the bond will then pay you interest on the “loan” over the duration of the bond’s lifecycle.
- Mutual Funds
Rather than buying a single stock, mutual funds enable you to buy a basket of stocks in one purchase. The stocks in a mutual fund are typically chosen and managed by a mutual fund manager.
Bottom Line:
In order to succeed investing in the stock market, you have to use a system and a strategy