Until a few years ago, it was common for people to stay in the same job all their working lives. But today, unlike in a cushy government job, where one gets pension that has a dearness allowance built in (to take some of the bite off inflation), most people work in the private sector, without any guaranteed job security. Thus, the only way to secure old age is to invest now, when one is young and capable of earning.
The ones who look after their aged parents and take care of their children’s needs today, but can’t depend upon their children to look after them in their old age, it’s all the more critical that they make the most of their earning years and invest for their future needs. If that sounds intimidating, take heart. All you need to get started is a primer on investing.
The ones who look after their aged parents and take care of their children’s needs today, but can’t depend upon their children to look after them in their old age, it’s all the more critical that they make the most of their earning years and invest for their future needs. If that sounds intimidating, take heart. All you need to get started is a primer on investing.
To begin, investment is all about making your money earn you more money. Simply put, it is the practice of making your money work for you, rather than you working for your money.
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