Should You Invest!!!?

 Investing has become increasingly crucial over the years, as the future of social security advantages becomes unknown.

Individuals want to insure their futures, and they know that if they are depending on Social Security advantages, and in some cases retirement plans, that they might be in for a rude awakening when they no longer have the ability to earn a steady income. Investing is the answer to the unknowns of the future. You might have been saving cash in a low interest savings account over the years. Now, you want to see that cash grow at a faster pace. Perhaps you’ve inherited cash or realized some other type of windfall, and you need a way to make that cash grow. Again, investing is the answer. Investing is likewise a way of attaining the things that you want, like a new home, a college education for your youngsters, or expensive ‘toys.’ Naturally, your financial goals will determine what type of investing you do. If you wish or need to make a lot of cash fast, you would be more interested in higher risk investing, which will give you a larger return in a shorter amount of time. If you are saving for something in the far off future, such as retirement, you would want to make safer investments that grow over a longer period of time.

The overall purpose in investing is to create wealth and security, over a period of time. It is crucial to remember that you will not always be able to earn an income… you will eventually want to retire. You likewise can't count on the social security system to do what you expect it to do. As we have seen with Enron, you likewise can't necessarily depend on your company’s retirement plan either. So, again, investing is the key to insuring your own financial future, but you must make bright investments!