Starting the Right Way
Investing is about doing something in the present with the intention of producing a favorable result in the future.
You can be an active or a passive investor, a long-term or a short-term investor, you can be conservative or aggressive, you can invest for income or for growth, you can be specialized or diversified, and you can be all of the above or somewhere in between.
There is no shortage of choice and sometimes that can be confusing to the point of preventing forward movement.
If you want to get started but you're not quite sure what to do or how to improve your financial situation, help is available.
Whether it’s in the stock market, real estate, business, career, or personal excellence, the key is to:
In the long term, a small increase in returns makes a big difference to bottom line growth. For sure, small returns are better than no returns at all, but the truth is that higher returns have a greater impact on the compounding effect.
For example, over a 20-year period, if your investments average 5.2% annually instead of 15.4%, $10,000 transforms into $28,000 instead of $175,000. That's the difference an additional 10.2% makes if you never add to your original $10,000. And if you multiply those numbers 10 times, it's the difference between your account growing to $1.75 million or $280,000. That's quite a significant difference for a small change in ROI.
Choosing the right strategies from the beginning, the ones that are best aligned to your preferences and circumstances, will get you to your finish line faster, firstly, because it will be easier for you to develop and practice your skills, and secondly, because your competence will increase your chances of generating those higher returns.
Help is available for you to achieve lasting financial and investing success.
Learn the right things. Start the right way.
If you like to read:
You can start now for less than $10 with The Investor's Guide for Beginners and The Companion Book.
Reading the books will help you identify the right strategies for you AND avoid the mistakes that could set you back for years to come. You will also discover practical tips that you can implement right now to achieve the financial success that you desire, sooner rather than later. The books cover all areas of investing: the stock market, real estate, business, career, personal development, mindset, money management and risk mitigation.
For more free resources you can visit www.theinvestorsguideforbeginners.com
If you prefer personalized guidance, you can contact me directly: