Friday, October 6, 2017

Investment: Where Should I Put My Money?

If you want to be successful and smart with your money; you’ve probably already heard of investment. Whether you are working your way up to being the next Richard Branson, saving up for your family’s future, or even just saving up for a holiday. Investing your assets is a great way to earn extra cash. Investment is the practice of putting your putting into something and hoping that you get a profitable return. It can be a risk sometimes, but it can also be very lucrative.
When it comes to exploring the avenues you can go for with investment, there are three main type which you could look into:
Cash- You have probably been investing for your entire adult life in a small way without realising it. Believe it or not, having a bank account which you put money into is classed as an investment. A bank or building society will pay you interest for the duration you have money in an account with them.
Shares- The second, and possibly most infamous type of investment is in shares. This is where you put money down in order to purchase a stake in a company. You may have seen the stock market before and been totally confused, don’t worry, most of us are. But it’s actually pretty simple. If you decide to buy a share in a company for a cost of $15.00, and subsequently the value of the share increases  to $80.00 due to successful business, then you can sell you share for a profit of $65.00. This is why you will see people fighting at the stock market to get a great deal while they can, because if a company’s stock value goes down, and then back up again- you could make a lot of money.

Property – Property is one of the most popular types of investment, and many people decide to go down this route if they have some extra cash to invest. Marshall White real estate is an excellent way to make money on property through renovation and renting. You can buy a shell of a property at auction, do it up and sell it on for a much higher value.  
Before you jump the gun and throw your money at anything and everything, you need to first consider the risk involved in investment. Sure, it can be a great way to earn some extra cash to stash away for a rainy day, but things don’t always go to plan.

What if you invest in a company such as United Airlines, and they encounter an online scandal? The value of your stock will plummet and you will be left at a loss. This can also be the case with fluctuating house prices and even interest rates at the bank. If you are going to invest, start of small and get a feel for the process before you go all in. It will save you from losing your hard-earned cash. Maybe even invest small amounts in multiple things to give you that safety blanket should any of them fall through.

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