Benefits of Investments & Why You Should Invest?

Benefits of Investments

As we are about to discuss the benefits of investments, The main benefit is that it helps you to get what you want i.e. Happiness.

Many of us keep investing our money in many different investment vehicles without having a particular destination defined for our investments.

We simply invest by saying that we don’t want our money to sit idle and we look for some high return products and just invest to create wealth.

In reality, we have to accept most of us have our money scattered in different investment products of which we have no idea what those products actually do to give better returns on our investments.

Secondly, we have no proper records of our investments. At last, we keep on struggling to get our money out of products that have destroyed our wealth instead of creating it.

Why I’m sharing these facts of investments where I mentioned to share the benefits of investments with you?

Because we need to clear our earlier mess first, To understand the beauty of the investing world that we are about to explore with benefits it gives to us – not just better returns.

7 Benefits of Investments

• Investing helps us to get ahead of inflation.
• Investing helps us to accumulate certain wealth for our goals.
• Investing gives us confidence of never being out of money.
• Investing gives us financial freedom.
• Investing gives us comfort.
• Investing lets us compound our wealth more & more.
• At last, as I said earlier Investing gives us Happiness.

That’s the most important part of the whole investment journey – Happiness!

Suppose, you went on a trip with your family without proper schedule & planning and when you return from the trip nobody is happy – What’s the fun of such a trip?

Similarly, if you went on an investment journey without proper schedule & planning that which vehicles (investment products) you need at which point of time & what is your destination (goals)? – Then how can you be happy through this entire investment process?

In Investing, Destination Is Important

To enjoy this wonderful investment journey you must actually know why you should invest? What is your Goal? What you want to achieve through investments? How you want to feel once you have achieved your goals through investments?

This is very important if you’re investing without these goals there are no benefits of investments for you.

Also, in your investment journey, you must choose your investment product wisely. I see many investors investing in a product that has high-risk in desire to get higher returns whereas they can even achieve their goals by investing in low-risk products which yield less returns. Like there is no joy if you’re not in right investment product.

Conclusion

Chasing just higher returns will give you miserable returns with no joy of investing – it’s unacceptable by many but a Reality.

If you have any query, you can tweet me @gurpreet_saluja