{"id":3128,"date":"2021-06-07T06:44:13","date_gmt":"2021-06-07T06:44:13","guid":{"rendered":"https:\/\/www.smemarketplaceja.com\/?p=3128"},"modified":"2021-07-27T21:31:01","modified_gmt":"2021-07-27T21:31:01","slug":"why-should-i-consider-investing","status":"publish","type":"post","link":"https:\/\/www.smemarketplaceja.com\/why-should-i-consider-investing\/","title":{"rendered":"Why Should I Consider Investing?"},"content":{"rendered":"\n<p id=\"mntl-sc-block_1-0\">There are two ways to make money in our modern world. The first way is to earn an income, either&nbsp;by working for yourself or for someone else. The other way to grow your fortune is to invest your assets so that they increase in value over time. Whether you invest in stocks,&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/b\/bond.asp\">bonds<\/a>,&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/m\/mutualfund.asp\">mutual funds<\/a>,&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/o\/option.asp\">options<\/a>,&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/f\/futures.asp\">futures<\/a>,&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/p\/preciousmetal.asp\">precious metals<\/a>, real estate, small business,&nbsp;or a&nbsp;combination of all of the above, the objective is to generate cash. This can come in the form of increased value to the investment, dividend income, or the sale of a business or some other liquidity event.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"mntl-sc-block-callout-heading_1-0\">KEY TAKEAWAYS<\/h3>\n\n\n\n<ul><li>The two chief ways an individual may generate money is by earning an income or by growing their assets through investments.<\/li><li>Investments may include a range of choices, including stocks, bonds, mutual funds, exchange-traded funds, and real estate.<\/li><li>An individual&#8217;s investment goals depend on his or her income, age, and risk tolerance.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"mntl-sc-block_1-0-4\">Managing Investment Goals<\/h2>\n\n\n\n<p id=\"mntl-sc-block_1-0-5\">An individual&#8217;s goals depend on a host of factors that may include age, income, and risk profiles.&nbsp;Age can be further sub-divided into the following three categories:<\/p>\n\n\n\n<ul id=\"mntl-sc-block_1-0-7\"><li>Young and starting out in a career<\/li><li>Middle-aged and family-building<\/li><li>Retirement age and self-directed<\/li><\/ul>\n\n\n\n<p id=\"mntl-sc-block_1-0-9\">These segments&nbsp;often miss their marks at the appropriate age, with middle-aged folks&nbsp;considering&nbsp;investments for the first time or the elderly&nbsp;forced to budget, employing&nbsp;the discipline they lacked as young adults.<\/p>\n\n\n\n<p id=\"mntl-sc-block_1-0-11\">Income provides as the natural starting point for investment planning&nbsp;because you can\u2019t invest what you don\u2019t have. A young adult&#8217;s first job issues a wake-up call, forcing decisions about IRA&nbsp;contributions, savings, or money market accounts, and the sacrifices&nbsp;needed to balance growing affluence with the desire&nbsp;for&nbsp;gratification. Don&#8217;t worry too much about&nbsp;setbacks during this period, like getting overwhelmed by&nbsp;student loans&nbsp;and&nbsp;car payments, or forgetting that your parents&nbsp;no longer pay&nbsp;the monthly credit card bill.<\/p>\n\n\n\n<p id=\"mntl-sc-block_1-0-13\">Outlook defines&nbsp;the playing field on which we operate during our lifetimes and the choices that impact wealth management.&nbsp;Family planning sits&nbsp;at the top of this&nbsp;list for many&nbsp;individuals, with couples figuring out how many kids they want, where they want to live, and how much money is needed&nbsp;to accomplish&nbsp;those goals. Career expectations often complicate&nbsp;these calculations, with the highly-educated enjoying&nbsp;increased earning&nbsp;power while those&nbsp;stuck in low-level jobs are&nbsp;forced to cut back to make ends meet.<\/p>\n\n\n\n<p id=\"mntl-sc-block_1-0-15\">It\u2019s never too late to become an investor. You may be well into middle age&nbsp;before realizing that life is moving quickly, requiring a plan to deal with&nbsp;old age and retirement. Fear can take control if waiting too&nbsp;long to set investment goals, but that&nbsp;should go away once you set the plan into motion. Remember that all investments start with the first dollar, whatever your age, income, or outlook.&nbsp;That said,&nbsp;those investing for decades have the advantage, with growing wealth allowing them to enjoy the lifestyle that others cannot afford.<\/p>\n\n\n\n<p>Whether your goal is to send your kids to college or to retire on a yacht in the Mediterranean, investing is essential in&nbsp;reaching your financial objectives in life.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are two ways to make money in our modern world. The first way is to earn an income, either&nbsp;by working for yourself or for someone else. The other way to grow your fortune is to invest your assets so that they increase in value over time. Whether you invest in stocks,&nbsp;bonds,&nbsp;mutual funds,&nbsp;options,&nbsp;futures,&nbsp;precious metals, real &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.smemarketplaceja.com\/why-should-i-consider-investing\/\"> <span class=\"screen-reader-text\">Why Should I Consider Investing?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":5361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[212],"tags":[207],"_links":{"self":[{"href":"https:\/\/www.smemarketplaceja.com\/wp-json\/wp\/v2\/posts\/3128"}],"collection":[{"href":"https:\/\/www.smemarketplaceja.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smemarketplaceja.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smemarketplaceja.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smemarketplaceja.com\/wp-json\/wp\/v2\/comments?post=3128"}],"version-history":[{"count":0,"href":"https:\/\/www.smemarketplaceja.com\/wp-json\/wp\/v2\/posts\/3128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smemarketplaceja.com\/wp-json\/wp\/v2\/media\/5361"}],"wp:attachment":[{"href":"https:\/\/www.smemarketplaceja.com\/wp-json\/wp\/v2\/media?parent=3128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smemarketplaceja.com\/wp-json\/wp\/v2\/categories?post=3128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smemarketplaceja.com\/wp-json\/wp\/v2\/tags?post=3128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}