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The Little Book That Makes You Rich By Louis Navellier

By A.L.

The Little Book That Makes You Rich By Louis Navellier

What Is Investing And Why Should You Do It?

From Investopedia

Investing refers to putting your money into an asset and letting it grow over time. From stocks, gold, real estate and art are all forms of investing and it involves making an informed decision to activate your money. Investing is a way to grow your wealth and to make sure it holds the same wealth. Inflation is massive economic problem that is prevalent in many countries and is a form of hidden tax. It essentially is the devaluation of a currency and the way it occurs is something I will cover in a late newsletter. All you need to know is that your money is decreasing in value and by investing your money, you can escape the worst of inflation and make some money on top of that.

That is if you follow the market (S&P 500), an index fund that tracks the top 500 companies in the USA. I highly recommend that you research a bit about investing if you are unfamiliar with the topic before reading this week’s newsletter and maybe even start investing yourself. Something that is very common is a dangerous representation of investing and a very risky game; a stigma commonly held by people who have seen the horrors of an economic crisis. But I highly advise that you look at investing objectively and see whether it is right for you or not.

A photo of the S&P 500 on the 7th May 2024

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