Shaping the future through the eyes of Investment
Posted in: IDEAL Insights, Investment Basics, Personal Finance
People are overwhelmed and intimidated by choices they feel ill-equipped to measure, but as Richie Norton says “To escape fear, you have to go through it, not around.” Investment is an important driver of economic growth and sustainable development, and is crucial for the success for individual businesses.
Investments have to be planned and done with a purpose, a meaning and to realize life goals. Goals like preparing for retirement and children’s education, becoming a homeowner, savings and/or purchase of future assets.
Investing is not a get-rich-quick scheme or a speculation where one purchase stocks on a “Hot Tip”. Remember a “Hot Tip” leads to a bottomless pit.
In overcoming the fear of losing your money and making mistakes that will ultimately cost in the end, one will need to be educated. Having the knowledge will essentially give you a better peace of mind which will let you become more comfortable in making decisions as you would be more informed.
The World Economic Forum’s System mission is cited as “committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas”. The system aims to advance proposals for modernizing an investment system and establishing norms for investment policy and global value chains which can help to minimize some of the world’s pressing economical woes such as the alleviation of poverty. However, the onus does not only lie with the World Economic Forum’s System and/or other Financial Bodies, but rather everyone, as we all have a social responsibility for creating and shaping the type of financial future desired.
Investing is not a get-rich-quick scheme or a speculation where one purchase stocks on a “Hot Tip”. Remember a Hot Tip leads to a bottomless pit (by Author Kapil). Investing is not following the herd which often leaves the investors high and dry or be done based on emotions. If that’s one’s niche then your financial future looks dim.
Allow your money to work for you overtime by making the commitment to purchase financial instruments or other assets in order to gain profitable returns in the forms of interest income, dividend and/or capital appreciation in the value of the instrument.
Let’s start shaping the financial future we desire for ourselves by understanding the importance of sound investment. Let’s begin today by shaping the future through our investment eyes.
by Petrine Bryan Wealth Advisor
Ideal Portfolio Services Ltd.
Petrine is a graduate of the University of Technology (UTech), Mona Campus with a Bachelor’s Degree (BBA) of Business Administration with a Finance & Banking (Major) and Marketing (Minor).