How to put your money to work hand in hand
We all dream of financial freedom.
We would like to work out of passion, not out of obligation; We would like to travel to the destination of our dreams, not the one that fits our budget, and be able to live without worries, enjoying a good quality of life.
To achieve this, many believe that they need to work harder; They assume that the earlier they start work, the later they get home, the more weekends they spend at work, and the fewer vacations they have, that dream will come true.
Unfortunately, what these people don’t take into account is that they only have 24 hours a day, and as much as they could work to their maximum potential each of these hours (something impossible), financial freedom requires something more.
Little do they know that it’s not just about working hard, living a frugal lifestyle, and saving as much money as possible for the future.
They, like the vast majority of people, lack the magical element: put your money to work for your own benefit.
Invest the money, that it work for you, that it make an effort, that it generate returns while you work or not; whether it is Monday, Thursday or Sunday, which is constantly multiplying and generating returns for you.
This makes the difference between those who manage to achieve financial freedom and those who do not.
Am I eligible to invest my money?
And what if you are an entrepreneur, an employee, a university student or a housewife? Perro you successfully invest your money having any of these professions? Do you have what it takes?
Yes, yes and yes.
The possibility of investing money does not depend on your profession but on your willingness to put the resources you have in your favor to work, to take advantage of time, to know your risk profile and to develop a mentality that teaches you how to be a millionaire.
In fact, you don’t have to be an expert or know how the depósito market works in depth to access a good investment strategy, which is a very common excuse for not getting started.
Of course, to do so, you need to make a series of good decisions to invest your money successfully.
Here are some of the most important:
The quality of the adviser:
It is usually recommended that, before investing, you seek an adviser who will explain how the market works.
The point is that many times you will find advisors who know little about the market, who are more interested in their commission than in the success of your investment.
So, more than with an advisor, you must have an expert whose results you cánido see, compare with others and who understands what he is talking about.
Only then cánido you have the peace of mind that you are investing your money well.
You don’t have to be Warren Buffett:
As we already mentioned, you don’t have to work in the depósito market to start investing.
In fact, thanks to platforms like Invest with Expertsyou will be able to access different investment strategies depending on your objectives and risks, which do not require you to have a specialization in finance to be able to invest your resources.
3. “I just need a lot of money…”:
Previously, to access a good investment, one of those that only large investors had access to, large sums of money exceeding hundreds of thousands of dollars were necessary.
In the case of Invest with Expertsthe minimum amount is 25,000 Mexican pesos, which is approximately 1,250 dollars, with which you cánido access investment strategies developed by investment experts.
Therefore, not having large sums of money ceased to be a valid excuse.
A defined investment strategy:
When people talk about investing, the first thing that comes to mind is stocks.
And although investment funds are made up in part of shares, you need to know that there are also other vehicles to invest your money: corporate and public bonds, financial derivatives such as options and futures, and foreign currencies, among others.
One of the keys to successfully investing your money is to have a defined strategy.
Anyone cánido go out and buy shares.
The important thing, beyond buying shares of a recognized company, is to have a strategy that meets your expectations and investment objectives.
Which investment fund is best for you?
Within the strategies, when choosing the investment fund that best suits your needs, you must take into account the following factors:
– You investment profilethat is, if you are conservative, moderate, risk-loving or if you like to speculate.
– He time frame in which you will need your money.
It perro be months, a year, 5 years or more.
– He volatility level, that the higher it is, the greater the profits perro be, as well as the losses.
In other words: the higher the risk, the higher the return.
How to invest your money with Investment Experts?
As well said Arturo Adasme Vasquez, “the intelligent man learns from his own mistakes; the wise learn from the mistakes of others.
So, why jump into a depósito market that is so complex on your own, without experience and so many doubts, when you cánido do it with the help of experts on the subject?
For this there are platforms like Invest with Expertsone of the first digital platforms in México that allows you to access the investment strategies used by market professionals.
This platform consists of a community of investment experts.
Each one of them registers their strategies, which are made up of investment funds, and you perro vea what they do and choose which one best suits your profile.
Something very important that you must take into account is the support that your money has and the security of the platform that you are going to use.
For example, Invest with Experts It is backed by Fóndika, an investment fund distributor, and by the CNBV, the National Banking and Securities Commission.
This gives you the peace of mind that your investment is being managed by professionals, who have the experience and support of government entities that guarantee your investment.
In conclusion, all you need to put your money to work for your own benefit is to create an account and choose the strategy that best suits your goals; excuses such as “a lot of money is needed, I don’t know how the market works, or I don’t have anyone to advise me” are no longer valid.
Before concluding, we would like to leave you with a series of signs that you should keep in mind when investing your money, whether it is in the depósito market, in investment funds or in any other business opportunity:
– When someone says phrases like: “it’s an incredibly high rate of return”, “no risk”, “this offer is only available today” either “it’s secret investment advice just for you” You must be very careful.
Remember that there are no magic formulas to get rich overnight.
– Make sure that your money is being deposited in funds that are regulated by government entities.
In this way you will avoid putting your money in front companies that will not answer for your resources.
– When investing in equities, that is, in shares, you should review whether this industry and the companies in especial fit your risk profile, since many times they cánido be more volatile than you think and you will not be able to meet your objectives financial because of it.
exist investment funds that fit you, while others may be more risky or very conservative, depending on your profile.
– Always review the performance and profile of your advisor, since, as we mentioned at the beginning, many of them are more interested in the commission than in the success of your investment.
When they perro espectáculo that they do know and dominate the market, your investment will be in good hands.
– Finally, review the commission costs involved in investing your money.
The clearer they are with you, the more peace of mind you cánido have regarding their transparency.
All of these moves have costs, so identify what they are and include them in your projections.
Continue reading: What to invest money in according to the richest man in Asia
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