Reasons to start investing
Investing is often perceived as a pursuit reserved for the wealthy, but in reality, it is a viable option for individuals of all income levels. The key to successful investing is to start early and remain consistent, even with small amounts of capital.
Inflation reduces the value of your money
One of the primary reasons to consider investing is to combat the effects of inflation. Inflation is the general increase in prices and decrease in the purchasing power of money. Moneysmart states that inflation is the increase in the cost of goods and services over time. Inflation consequently erodes the value of cash savings, making it difficult to achieve financial goals. Investing in assets that have the potential to appreciate in value, such as stocks or real estate, can help to offset the impact of inflation on your wealth.
Financial Independence
The traditional retirement age of 65 is becoming increasingly unrealistic, as the cost of living continues to rise and student loan debt becomes a growing concern. By investing early and consistently, individuals can increase their wealth and potentially retire earlier, providing them with more time to enjoy their lives and pursue other interests.
Investing makes your money work for you
In addition, investing allows you to make your money work for you, rather than the other way around. By taking control of your finances and investing your money, you can improve your financial stability, increase your wealth and potentially generate a passive income stream through dividends, interest payments or rental income. This not only improves your overall financial security but also provides you with more freedom and choice in your life.
Investing with United Global Capital
We take a disciplined, highly selective and highly critical approach to investment selection for our clients, ensuring they get the most out of their portfolios. We use techniques that have been derived from some of the world’s most successful investors, ensuring that our results remain at high levels and are repeatable through every investment cycle. If you’d like to learn more about our investment philosophy, review UGC’s investing video series or contact UGC for a complimentary chat with an UGC adviser.
GENERAL ADVICE AND PAST PERFORMANCE WARNING
This article has been prepared by United Global Capital Pty Ltd (ACN: 154 158 273, ABN: 25 154 158 273, AFSL: 496179).
This article contains general information only and is not intended to provide any person with financial advice. It does not take into account any person’s (or class of persons) investment objectives, financial situation or particular needs, and should not be used as the basis for making any investment or financial decisions. United Global Capital Pty Ltd does not make any representation as to the accuracy, completeness, relevance or suitability of the information, conclusions, recommendations or opinions contained in this article (including, but not limited to any forecasts made). No liability is accepted by United Global Capital Pty Ltd or its directors, officers, employees, agents or advisors for any such information, conclusions, recommendations or opinions to the fullest extent possible under applicable laws.
Anyone considering making any investment decisions based on the information contained in this presentation should note that past performance, target returns or estimates of returns is not a reliable indicator of future performance and actual results can vary significantly.