As you prepare to enter the world following your college career there are plenty of questions that you likely want answered. One of those questions probably surrounds investing your money in stocks, bonds, and options. So, why should you invest? We will take a look at the reasons why you should invest in today’s post so you know that implied volatility is out there and you understand the decision you are making.
Prepare for Your Future
One of the reasons why you should invest is that you will be able to prepare for your future. Putting away money is an important part of life. You need to have a savings account and some investments for a rainy day. You never know when life will throw you a curveball and force you to spend money on repairs or other items. It’s best to have a bit of a nest egg, especially when you want to retire from your job.
Money Works for You
When you decide to invest, your money winds up working for you. Money sitting in a checking account does nothing. It doesn’t earn interest. It doesn’t increase in size. When you invest, you will find that your money grows. It won’t grow immediately and you might get frustrated, but over time it will grow and provide you with a little nest egg.
Save for Projects or Goals
You will be able to save for projects or goals when you invest. Even with volatility surface present, you can still save quite a bit of money during your lifetime. If you plan to save for a new car, save for college for your children, or save to buy a new home; investing helps you build the savings you will need to meet these financial goals. Be sure you do your homework before making any financial decisions.
