So, you want to invest, but can you? Is investing really for everyone, as the title suggests. Well we can tell you just who can actually invest. Also, we want you to understand there are myths surrounding investing and why they shouldn’t affect you decision to start, as well as considering that investing really is something you should be doing. But if it is for everyone, is right for you at this moment? All important thoughts on your journey, and something we want to help you with on your discovery into investing.
Who can Invest?
Well, the truth is, Investing is for Everyone! Not just the rich, not just those who know all about finance or the stock market, not just those involved in business, Everyone. The average typical regular person can become the average, typical regular investor. Anyone can invest, and you can begin as soon as you feel ready. Have we said anyone really can invest? So that begs the question, why haven’t you started?
Some common misconceptions and why investing can be for you:
Perhaps there are some of you who aren’t entirely convinced on the idea that anyone can invest. We completely understand why you may be skeptical. Investing is a process, which more times than often is viewed with many misunderstandings. It can be seen as something that it is just not for the regular person. Below, we highlighted some doubts you may have, but wish to show you that everyone can invest:
- You need to be an expert to be able to invest
Well, Investing doesn’t have to be complicated. With todays improved technology, giving a much simpler pathway to begin to invest, anyone can get involved. There is greater access to information and resources, which allows everyone to learn about how to invest. There are plenty of apps and websites which guide you through the process (hopefully we can help along the way too!), meaning there is no need to become an expert to be able to invest your money.
- You need a lot of money to begin
You may consider the fact you just do not have the money to invest. But do you need significant amount of money to invest? The simple answer Is that no matter your budget, you can start investing. Investing can be as simple as setting small amounts away each month, to investing larger sums. Either way, the option is available to you.
- You aren’t the right age to be investing
The fact is investing can be done at any age (18+ of course). You are never too young to begin and creating a better future for yourself simply can’t harm you. On the other hand, you may be nearing an age where you are considering retirement. Don’t let that put you off, you can always aim to make that retirement fund just that little bit bigger. Your age, whilst it might affect how you invest, shouldn’t stop you from trying to profit from investments.
The point is, there may be a number of factors which may deter you from beginning your investing journey. But investing is for everyone, and the ease at which you can start no matter your age, budget and knowledge, as well as the accessibility to information and the possibility of growing your wealth should put you on the right track.
Everyone should aim to invest:
If investing really is for everyone, then everybody, including yourself, should be aiming to invest. By putting your money to work, you are striving for more. By investing, you can aim to achieve a greater level of financial independence, so it really is a logical step to what could be a brighter future. There are a whole host of reasons to invest, and you could be missing out by not doing so.
Investing is for everyone – is it for you right now?
Remember that whilst everyone can begin to invest, it is important to understand just how available investing is to you. The sooner you begin to invest, the sooner you will be able to benefit, and the sooner you may see profits. However, you must consider if at this current moment in time you are ready to invest your money.
It is important to understand your own personal finance, including your budget for investing, especially if you are just starting out. And if you are able to invest, do you understand where you will be investing? What exactly will you be investing in? The potential risks and rewards? Do not forget to do your research and continue to learn throughout your journey. Preparation and knowledge are key to understanding your investments and create a suitable foundation to begin your journey. Investing is for everyone, and it can certainly be for you.