Why invest your money?
Investing has long been a discussion both in the daily press between the neighbours or colleges, but why is it so important to invest money?
Why invest and not put the money under the good old mattress?
The reason why investment advisors like us do not recommend you hide your assets under the mattress is that the money in that way not will be accrue interest. It gives a problem in terms of purchasing power. What you can buy for $ 100 today, you will not be able to get for the same price in a year or two as the price has risen. In other words, inflation will reduce the value of money (and thus the purchasing power). Therefore, it is important that the money you have worked hard to save up also works on afterwards.
Why invest in shares and experience growth on your money?
How you want your money to work varies from person to person. For example, you can invest your money in a regular account, in shares, in bonds or in your home. Any investment should be done after careful consideration, no matter what you thinking to invest in. When we talk about investment at Tenzing, we mean investment in some of our 7 model portfolio strategies – which may hold bonds and shares, and you will find yourself with an internationally diversified investment allocation, reducing risks and making sure you don’t put all your eggs in 1 basket.
We are getting older and older...
For many people the retirement age is a golden opportunity to do the things you always dreamed of: new experiences, travel, perhaps moving to a new home – and for some is it adventurous: to earn a motorcycle driver’s license or a yachting certificate. But before you get there, the main challenge for the individual is to save up enough in your busy work years to live the life you dream of when you someday stop working.
Everyone is getting older. In fact, we have experienced an explosion in the population’s lifespan for many years. Everything suggests that this development will continue in the coming years, in other words, many of us are looking forward to being older – even older than we think is possible. That’s why it’s so important to invest your money so you can reach that life you always dreamed of and get the most value of your hard-earned money.