Investing: is it for everyone?

August 17, 2021

The Best Investment Types for Your Money

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I know what you’re thinking: “I don’t have any money to invest! I’m broke. Why am I even reading this?” Don’t worry, that’s a common misconception and it doesn’t mean you’re not ready for long-term investing. It just means you need to start small. We all tend to think of investments as something reserved for the rich, but anyone can get started with a little bit of pocket change.

Why start investing?

You might be broke for now, but that doesn’t mean you don’t have the potential to invest your way out of poverty! You just need a little bit more cash in hand. Investing is often reserved as something only rich people can do with their money; however, we all know it’s never too late to get started on the path towards financial independence and long-term stability. It may sound daunting at first because investing requires patience and self-control when life tempts us into spending our savings or going after debt instead – but let me tell you from personal experience: this process will help instill positive habits like saving early and delaying gratification which pays off dividends later down the line (literally).

It sounds intimidating, right? But read on!

How to start investing

Investing is a great way to grow your earnings and make it last. You can invest in anything from stocks to bonds. It just depends on the risk you are willing to take.

Picking the right investment can be difficult, but there are steps you can take to make sure you have all your bases covered. First, assess your risk tolerance and define what level of growth you want from your investment. Next, decide how much money you have to invest and what return rate is best for you. Finally, make sure that the investment is accessible for when it comes time for withdrawal

There are three most popular investment types that you can choose from, each with distinct characteristics, risks and benefits.


Stock is a type of security that entitles the owner to shares of ownership in a company. They are tradable, which means that they can be bought or sold on the stock market. However, it’s important to note that shares of ownership in a company are not actually stock themselves but rather a form of investment.

Choosing to invest in stocks can be a difficult decision, and may require more time than what is available. However, there are specific steps that can be taken to find the best investments. It is important to understand how the market works and which companies interest you. After doing this, it is time to begin investing. It is possible to either purchase stocks through an investment broker or through a company’s stock purchase plan. Many companies offer retirement plans that allow employees to invest in company stocks in order to provide for their future. This is a good way to both save money and support your future income.


A bond is a debt security, where the borrower pays interest on the amount borrowed and pays back the initial sum of money at some point in the future. Bonds are typically considered a low-risk investment, since if they are held to maturity, they guarantee a fixed return. Evaluate the risks of bonds by understanding that they don’t fluctuate in value like shares do, and that they provide safety from fluctuations in the currency markets.


The best way to think about a 401k plan is as an investment account that saves retirement money. However, there are some differences between these kinds of accounts and normal bank accounts because you don’t have nearly as much variety in how you can invest your money. For example, unlike with a normal savings account or checking account, 401k contributions are not tax deductible because they are considered to be a part of your employee’s salary. The benefits of the program include tax-deferred growth on your investments, employer matching, and loan options for your retirement.

So which investment account is best suited for you? Make the decision by identifying your needs and then choosing the risk levels you are comfortable with. You also need to consider your financial needs in the larger scheme of life, i.e. will you be needing money short-term to buy a house? Or, are you comfortable investing long-term. Whichever type of investments you choose, it’s always best to start early to reap the benefits.