Why You Should Invest

As the future of social security benefits grows increasingly uncertain, investing has grown in importance over time.

People want to secure their futures, and they are aware that if they rely solely on Social Security payments and, in certain circumstances, retirement plans, they may be in for a nasty shock when they are no longer able to earn a living. Investing is the solution to future uncertainty.

Over the years, you may have saved money in a low-interest savings account. Now, you desire a faster rate of growth for that money. You may have received an inheritance or some other form of windfall and need a means to make that money grow. Investing is the solution once more.

Investing can also help you acquire the things you desire, such as a new home, a college education for your children, or luxury ‘toys.’ Obviously, your financial objectives will impact the type of investments you make.

If you want or need to make a lot of money quickly, you would be more interested in high-risk investments that yield a greater return in less time. If you are saving for something in the distant future, such as retirement, you should make investments that are more secure and grow over a longer time span.

The ultimate goal of investing is to generate wealth and stability over time. It is essential to keep in mind that you will not always be able to earn money… Eventually, you will wish to retire.

In addition, you cannot rely on the social security system to perform as expected. As Enron demonstrates, you cannot definitely rely on your employer’s retirement plan either. Investing is the key to securing your financial future, but you must make intelligent decisions!