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Basics of Investing

What is investing and why is it important?

  • It’s long-term: You usually want to use money you don’t need now for goals many years ahead.
  • It uses money now with expectation of making money in the future: With investing, you have to spend money to make money. You do this with the expectation of getting profit.
  • It has risk factors: Investing is very different from saving. Unlike most savings accounts, investments are not insured and there is no guarantee that you will make a profit. However, trends show that your money almost always grows if you diversify, use your money wisely, and invest for the long term.
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When we invest for good, we will harvest the effort in the long run. - Mark Zokle

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