In the 21st Century, each person is deemed to be successful by their finances. Also, with the current pace of developments and progress being made in and around us, the global and international market is as potent as it can be. Thus, this is the best time for every one of us to understand what the market has in the fold for us.
Investment in a simplified language means committing money or capital towards a specific endeavor hoping to make additional profits along the way. Investing is the key to wealth building and can make or mar your financial stature.
In a country like ours, investing is considered to be a very complicated process and a job of adults only. The myth that you require loads of money to start investing is entirely vague.
According to many financial giants, investing started at the earliest is the best. If you start investing by 18, you are bound to be wealthy by your late 20’s. Wise investments are more important than massive investments.
Every person should know all the details about the market by the time they are 20, which will eventually result in more people investing as a whole strengthening the economy of our country. The process of investing money in shares, mutual funds is simplified, and more people are encouraged by seeing the returns.
We have all been introduced to the newer faces of investments in 2017. The process of managing your money is simplified to the extent of a click on your cell-phone. Augmented Reality, Virtual Reality, Electric Cars and many more inventions have permitted us to peek into the future, changing the face of investments.
With cryptocurrency helping people make millions and billions of dollars digital currency has already laid a strong foundation in the minds of numerous people.
Bitcoin is the most popular concept that has emerged this year. Introduced to us as early as in 2010, a single bitcoin was sold at 400 dollars. Today, at the end of 2017, a single bitcoin is evaluated at 2000 dollars. These type of returns were never seen before and have further paved the way for many other safe, secure and high yielding investments for all of us.
Fortunately, the internet has made learning hassle free and quick at the same time. Learning how to invest, where to invest, why to invest are some of the more important things that need to be learned in the early stages of life for a secure and safe future.
Studetn BAJM 2nd Year
Indira School of Communication