If you keep your money in your back pocket instead of investing it, your money doesn’t work for you and you will never have more money than what you save. By investing your money, you are getting your money to generate more money by earning interest on what you put away or by buying and selling assets that increase in value.
It really doesn’t matter how you do it. Whether you invest in Mutual Funds, stocks, bonds, futures & options, commodities, real estate, etc. or your own small business, or any combination thereof, the objective is the same: to make investments that will generate more cash for you in the future. As they say, “Money isn’t everything, but happiness alone can’t keep out the rain.”
Whether your goal is to send your kids to college or to retire on a yacht in the Mediterranean, investing is essential to getting you where you want to be.
Most of us do not know enough about financial planning for a comfortable life… and part unexpected (that there is enough money earned by most of us for a comfortable life, provided it is managed properly!)