General > Investing So Why Invest?

Team PV

“Okay, so I can win Wheel of Fortune big money in the stock market. I can also lose my hard-earned cash. Why am I doing this?”

I’d like to solve the puzzle please: “A nickel ain’t worth a dime anymore.” We can thank Yogi Berra for that catchphrase.

Sure, you can park your money in a savings account, but wouldn’t it be better to have that money earn its keep? The answer is yes, in case you had any doubts. If you looked at your savings account recently (or even not so recently), you know that the interest rate is obscenely low. After ten years, your hard-earned savings will be worth less than they are now because of inflation. So how do you protect and grow your cash? That’s where investing comes in.

The “Why the hell am I doing this” question is valid one, especially if you graduated around 2008 and the market crash screwed up your job prospects. Well, keep calm and invest on: historically, the value of the stock market rises over time. Despite its occasional volatility, investing in the stock market is really one of the best ways to make your money work for you over the long term.  

Investing is far less intimidating if you’ve got time on your side and clear goals. Are you in your 20’s or 30’s? Are you saving for retirement? Are you hoping to retire early? Maybe sock some cash away your child’s college fund? If you’ve got long-term goals, you can focus on growth and invest aggressively, knowing that you’ve got the time part of this equation on lock.

You like your money- we like ours too- and we want you to keep it, grow it, and maybe make it rain on your retirement too. Read on and we’ll not only debunk some stock market worries you might have, but we’ll give you the rundown on how the markets work, investing principles, and other basic questions you might’ve been afraid to ask. When it comes to investing, there’s no such thing as a stupid question; only stupid investing moves. We’ll tell you how to avoid those too.


Photo: pds319

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