Money Talks with Nabeel Khan where we start a real conversation about anything money for you to build the right mindset habits and education in your journey to financial freedom! #financialLiteracy #Money #Education
Link to 4 Ways To Invest:
Investing is to put money somewhere be it shares property a business and so on with the expectation of making a profit. Investing is a must because we can’t work forever and we need our savings to work for us. Why do we need savings to work for us? Well because if we just save without growth on our savings we lose value of that money to things like inflation- the world becomes more expensive to live in every year and those prices take value away from your money so you beat that by having your money grow more than that.
So before we get into the 5 things you need to understand about investing.
Here’s a Reminder:
A Habit of savings is what gets you more money every year. Investing that money builds wealth over time,
Investing is not a get-rich-quick game, its a way to consistently grow your wealth over time.
you don’t have to have a lot of money to start investing and you have to start somewhere.
Financial planning is not investing, Planning your investments is a part of financial planning.
This video covers: What you need to do before you select any type of investment. You have to Understand these 5 things:
Compound interest
Your strategy
Risk
Time
Types of investments
Now before you start investing its important to understand the nature of these things so that your money can benefit from an actual strategy that you have for your goal because the only way you’re going to stick to achieving a goal is if you are confident in your strategy. Not because someone tells you to put money here and there. This can be learned at the sacrifice of your time and if you know you’re a busy person then use a professional to help you and learn from them along the way... don’t just sit back in your journey to achieving your goals because that journey starts with action!
QUESTION — Have a question about Financial Planning, Savings, Investing, Wealth Habits, Money Mindset or Anything Else? Post in comments section of this video!
Music by: [ FREE USE ] - Ace - Your Last Dream [ Creative Commons, Dance & EDM ] [No Copyright Sound]
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DISCLAIMER: This channel is hosted by me and I am licensed to give advice but this channel and what we talk about is not constituted as advice to you. Reason being in order to give advice I need to understand where you are in your life and conduct an analysis before I can give you advice.
Go and visit my website and send me a mail. www.mrnaby.com
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