Most of us may have been asked about our life’s goals or what we would want to be someday. That must have been when we were still in school, planning a career with our Guidance Counselor. Many of us have gone a long way, since then, in pursuit of our dreams, but for some of us, those dreams may have been cut short by circumstances, which took place in our lives. We might find ourselves among the many contenders in the working rat race, proudly practicing what we learned in school and from the examples of our mentors, idols, and anyone we consider as influential in our lives. In the view of most, education is the prime factor in the success of the future, but many great minds think differently and have reversed that statement: Albert Einstein, Paul Getty, Bill Gates, and Paul Allen, to name a few. How did they get to where they are sans college education? They each had a dream, spunk, determination, and the will to see it through.
Since we were taught the only way to earn an income is to finish school, get a job, and work, that is the pattern of our thinking. However, we are confronted with the reality of the previous statement’s limitation; needs increase, while income stays the same. Many professionals act on their opinion that to have more money, you have to work longer hours, prompting them to take on a second job. I know of quite several professionals, employed abroad, who juggle their time between two jobs: the first job takes care of their personal and family’s needs, while the second takes care of their parents’ and siblings’ needs, back home. Then, in exchange for all that money they made, they wonder why they feel washed out, exhausted, and are confronted with health issues, even at a young age. They are finding out that it is not fun to have loads of cash and no time to enjoy it.
If you can see the picture, they and their families, back home, have fallen into the familiar pattern of earning and spending, and even if they find themselves with extra cash, the tendency is to find something to spend it on.
If you find yourself in this position, this book is for you. This “Beginner’s Guide to Investing” seeks to open your horizons to the world of investing and help decongest your busy lifestyle of working for money by learning how to make money work for you.
Here, you will learn about what investing is all about, the types of investments, portfolios, and diversification, how to assess performance of your savings and investments, high risk investment products, how to protect yourself, and much more!