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Introduction
Investment is taking out money from your existing business to buy assets you will not use in a hurry, it could be land, house, shares, money or cryptocurrency. The money will be in that investment as much as you want, which means when is has yield more interest.
Investing
The main goal of investment is grow one capital overtime. It has to do with compounding too. It doesn't really mean investing big capital, it could be small capital but you are doing it regularly. One may have 10 years goal to realize big capital for business. For example $10ml dollar and spread it over 10 years which is $1m yearly, next is to bring it to monthly which is $83,333, now weekly which is $11,904.
The person is determined to invest it weekly or monthly so as to reach that goal. It will will surely be more than that because it is investment not saving. Saving may give you you exact amount you want but investing doesn't not, why, let's say you are investing it in HIVE and you convert it to $LEO and stake it, at the end of ten years, you may get double of your investment.
Investing in a good project that increases your money is what is called investment because the goal is to grow your money. Any investment that does not grow your initial investment is not a good one. It is important to investigate very well before investing.
Right time to invest
It was said that, the best time to invest was 10 years ago and the right time to invest is now.
When it comes to investment, it all depend on what you want to invest in. If you are going into real estate, land keep appreciating, it is you that will get land in a promising environment and keep it. Let's say a state has mapped out where they will build International Airport, International Stadium, automatically, those areas are promising, buying properties in such environment before those project is developed will be good investment after proper investigation.
If it is crypto investment, your personal research is important. On hive blockchain, we have a lot of promising token with strong project like $Leo, $HIVE $HBD and many others. The opportunity to invest in them is still open and new. #LEO is still less than $1 making it right time to invest. Your money keep growing as you keep staking it.
Challenge in investment
Some challenges when it comes to investment especially with a company is fear of failure. In as much as the goal is grow your money, some investment turn out to nothing where an investor loos everything. Because of that many investors go on short term instead of long term investment and this doesn't really give much back.
Things to know before investing
It is good to find out companies that are on their growth stage. When they are not really known in the market, when the price of their shares are still low. For example, in 2003, Tesla company was founded by American entrepreneurs Martin Eberhard and Marc Tarpenning, then no body knows how far they will go but those who took the risk of investing with Tesla don't have regret. If you want to buy shares now with Tesla, you will pay dearly because it is not in that growing stage, it has passed that stage. The market is not under valued again.
How to invest
Do it yourself DIY, investing should not be on what people say about a company but direct investment. You must know it and do it. Monitor your investment and see it grow. Yes, you must meet up with the company criteria so as to invest with them. Take note, small risk, small return, higher risk, higher return. All this call for personal investment.
You may also need some skills, education or advice when going into investment so as to invest wisely. This is important because many have fall victim of investing in a wrong project, some have made mistake of investing because their friends invested without making good research about it.
Important of investment
It is important to invest for the future. One adage in my language said,firewood used in raining season was gathered during dry season. Investing now will be hard but it will make life easier for you in the future. Old age is not the right time to struggle to make money but time to relax and enjoy. It is a time to train leaders to take up from you. You don't need jump up and down at old age to make money because the strength will not be there.
Conclusion
In conclusion, investment is a must for all who understand what it is. To be successful as an investor, you need to lunch yourself into it. Don't go into investing because of Internet hyping but because you have done your personal research.
Posted Using InLeo Alpha
Robort Kyozaki in his book four quadrant explained four ways people make money. The last is investor. You cannot be an investor without being a business owner, a business owner, owns a system, a system that is working for him. For example, #hive blockchain is a system, as you Join hive, you leverage on an existing system and you can become an investor because a system is already working for you.
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