We will be looking at a financial word termed 'INVESTING'. And the question is "What is Investing"?
Investing is an act of making your money work for you i.e Commiting your money,capital or time to a stake in expectation for an additional income or profit.You invest to receive a future benefit which implies whatever you are investing on now is to be recouped in the later days,months or years.
For you to invest,you should be able to speculate the risk and the return and obviously whatever you choose to invest on should have a reasonable rate of return.You should have this in mind that every investment has its own risk attached to it but your end result will absolutely outway the risk therein.
Investing begins and end with taking control of yourself,it's a plan not a product or procedure and as such,you don't invest until you have a plan.Make sure you follow your plan and don't get bored half way of your journey. Initially,your profit or dividend might not be on a substantial side but it will compound to a reasonable amount over some months and years to come.It is better to ''start by walking before deciding to run''
You are investing because you know the outcome of your investment which implies that through your investment you should know at least 80% end result right from the beginning.
Check for different ways to go about your investment after the cut;
- Real estate & Properties.
- Shares.
- Bonds.
- Treasury bills.
- Royalties
- Patent
- Time
- Investing in an individual(No financial benefit but inner peace and a sense of fulfilment)
- Starting your own business.
- FOREX
- Gold
- Fixed deposit amongst others.
As an investor,you make your money work for you and thus BIZBLOG urges everyone to take up the mantle of investing .See you at the top.
Takes a bow....
BUKOLA OLOKUNGBOYE
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