In very simple words, everyone should invest some portion of their saving to help the money grow. You investment can shield you against rising inflation.
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Why Invest? |
In order to compete with the ever growing rate of inflation, you must invest in a plan so that it gives a return which is more that the rate of inflation. When the rate of return on your investment will be more then the rate of inflation, then you will have good surplus over a period of time.
You can invest your money of stocks, bonds, mutual funds or certificates of deposit etc. But your motive should be to create wealth for your retirement, for your future and for other expenses like marriage, higher education and college fees, vacations and so on.
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