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Save To Invest - Business - Nairaland

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Save To Invest by Askgloria(f): 11:45am On Feb 13, 2018
If you think the path ‘save to invest’ is simple, then I would say you should interview long-time workers to confirm how much investments have been made. Many will actually tell you that they only saved to save, but saving to invest, no-way!

It is imperative that you save to invest, but the truth is, it is not easy at the thought of. Savings actually add up in the real sense, hence what can be done with it? What is done with the money you save is very vital. It brings positive rewards for the savings.

There are steps often skipped or that does not even come to mind that will be revealed in this piece, and therefore it will make save to invest path sound possible and realistic.

Ways You Can Save to Invest

1. Always See Yourself in The Future: Granted, prior to saving, investment was and is still the motivating factor. That means you will always learn to see yourself in the future rather than seeing yourself now. When you are fond of visualizing yourself in the future, it will not be hard to invest after you have reached the saving goal. A recent study conducted revealed that those exposed to thinking about the future had more investment success than those who do not.

2. Admit Mistakes and Move One: No doubt, wrong decisions would come, but they should not cause a drawback in your investments, rather they should inculcate the attitude of admitting responsibilities. True though, most investors find it hard to admit mistakes, but it is a good thing to do. Instead of quitting, pick up again and get this done.



3. Use Risk For Motivation: People who take calculated risk are often more successful than those who sit and do nothing, even though it might be clear that there might be no rod block. So make sure that as you save to invest, you keep in mind that taking risk is a great tool to keep motivating you in accomplishing that.that there might be no rod block. So make sure that as you save to invest, you keep in mind that taking risk is a great tool to keep motivating you in accomplishing that.

4. Tread With Caution: It is a goal approach to invest, hence the same save to invest approach will not work for both young and old in some cases. Old people need to invest with the view to being conservative. Whereas, young ones should save to invest aggressively. As pointed in the above-mentioned point, some savings to invest could attract risk. So, tread with caution.

5. Consult Qualified Professionals: Saving to save is not hard, it is something anyone with the intent to save can make. Save to invest concept is never like that. To get it done correctly, you will need professional consultations about your plans. Before you hire any professionals, ensure they will meet your real need. You can ask for the services described.



6. Have a Functioning Emergency Fund: Before you pick up the process of investing, you must be certain that your emergency fund will cover at least three months because your investment would take a longer time for a yield.



http://askgloriawems.com/save-to-invest/

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