How do you think of investing?
Do you associate investing with speculating or gambling? Do you think of it as betting on what the market will do, or trying to time the market in order to make a quick profit?
Or do you think of investing as more of a long-term, methodical saving effort to build for the future?
Well, it’s a little of each. Investing involves taking a certain amount of risk, and it also involves the desire to multiply your money over time. Done properly, investing is a carefully planned and prepared approach to managing your money, with the goal of accumulating the funds you need. And planning your investment strategy is about discipline and patience.
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