Investment
Categories: Stocks, Company Valuation
Stuff that you buy that makes you money.
Investments include stocks, bonds, stock options, mutual funds, real estate purchases, and more. You may think that investments are fancy-schmancy things that are designed for rich people in suits, but the reality is that everyone needs to think about investing.
From your fashion victim big sister to your orthodontist, chances are everyone you know is doing it, and you're kind of a sitting duck if you don't. Thanks to inflation, the amount of money that you make will lose value over time, so simply saving is not enough. If you want to be able to afford fancy cruises and knuckle hair remover when you're older, you need to invest so that you have enough cash to pay for a quality retirement.
Investments also allow you to become richer, even if you don't get a big, fancy job.