I used to watch (my now husband) pacing back and forth in the restaurant where we both worked, phone in hand, and muttering to himself under his breath every few minutes.
Then he would put the phone back in his pocket and do the job he was supposed to be doing, which was managing the floor as it was a full house on a Thursday lunch, and suddenly he whips the phone out again only to give the air a fist pump. I was intrigued. Was he watching a sports game and they had just won, or did he defeat a villain in an online game no-one knew about?
All of the above sounded like viable options, however, it was a topic a little more grown-up and serious — stock trading. He was shuffling money and stocks from place to place, company to company, and making ‘deals’ left right and center all in the bid to increase his funds.
It goes without saying that if we plan to put our money into something we expect to get it back and then some am I right? And this is precisely what had happened, a deal went well, a trade grew the way he had wanted, and simply put, drinks were on him that night. And we lived happily ever after. If only it were so easy.
Knowing who, where, and when to put the money in is a game, which, if played well and smart, can bring a lot of smiles a lot of the time. So what are we talking about today, investing?
What about investing.
For the technical version that most of us mere mortals switch off to because our minds and brains simply can’t process the trading jargon being thrown around, you can read about it here https://en.wikipedia.org/wiki/Investment, but in simple terms, we spend money in the hopes to make money.
There are different types and styles of investing, some people put their money into property assets, and others fund startup companies to help those with the ideas but no funds, either way, you go about the investing process the main objective remains the same, to make a profit.
A profit is what we look at as a ‘financial gain,’ the difference between the amount we spent and the amount we got back is essentially ‘free’ to do with as you please without feeling guilty of tapping into your trading account. You have the advantage and freedom of investing more if you so wish.
To live your life to the fullest investing may just be one of those bucket list boxes you can successfully tick off, whether the outcome is good or bad, the main thing is you gave it your best and gave it a try.
Types of investments.
There are plenty of small pop up brands and businesses looking to get extra funding, organizations who survive solely by investors and fellow entrepreneurs looking to give back to the community, and plenty portfolios in which you can throw your funds into, it’s about knowing what is best suited to your interest and life.
Stocks. This is the most popular and common of the investment options, also the most widely known, even for those just starting. Essentially you are buying a small piece of the pie of a company, product, or brand you hold close to your heart. When the firm thrives, so do you, it’s a win-win situation all around.
Another one we will take a quick look at is Trusts, these are when you ‘pool’ your money together with other investors to make a totaled large sum of cash, and the most sought after industry is real estate.
When the properties on the trust form receive rent each member gets a share and continues to do so as long as the property is occupied and being rented, or you opt to liquidate your shares. To learn more about liquidating stocks and preferences be sure to take a minute to check out this short video, an interesting watch, and can only add to your arsenal of knowledge.
Then, lastly, there are what we hear people talk about called bonds. These are usually given by corporations looking to raise money, and work in such a way that when you buy a bond from a company they are taking a loan from you.
Having them repay this loan amount by a specific date or within an agreed-upon timeframe, is a great way to get back money at a time when it may just come in handy-payments are essentially made twice a year- and with the accumulated interest on the funds what have you got to lose?
Advantages of investing.
- Goals. If you struggle to keep savings at bay that you’re hoping to use for a big purchase, investing the money will ensure you don’t tap into that source of income unnecessarily.
- Future. It can be a great way to secure your retirement, a simple lump sum payout or a series of payouts can set your mind at ease when it comes to passing on the torch.
For a company that can help you with these big decisions and guide you on the right path, check out Day Trade methods for quality of service with the customer care you deserve. You need people you can trust and put your mind at ease.
The main factor to keep in mind is to do your research, take your time, and make the right decision the first time around.
You have the money, you just don’t have a clue what to do with it, a problem I wouldn’t mind having, am I right ladies?