Investing 101: Let’s start with “why?”
Our first topic of 2024 is a big one: Investing.
Why’s it important? Investing is a cornerstone of a long term financial plan. Investing is how you…
Reach your goals faster: For long term goals like retirement, investing can help you get there much sooner than just savings.
Beat inflation: Savings accounts struggle to keep up with rising prices. Investing, on the other hand, can potentially outpace inflation.
Get compounding magic: Time is your friend. Thanks to compounding, your returns build upon themselves over time, significantly boosting your long-term wealth.
Getting started is easier than you think! Over the next few weeks we’ll talk about simple, tax-smart ways to invest that are available to pretty much everyone. We’ll cover types of investment accounts, how you can get started (even if you don’t have much to invest), and how to make investment choices (even if you you know nothing about investing).