Investing isn’t as scary as it sounds, but it’s the complete opposite of saving. Saving is putting some of your cash away in a bank account and watching it earn a tiny amount of interest each year, 1% to 2.5%. Safe, secure & predictable.
Investing on the other hand is pretty much gambling your money, you take a risk with it. If everything goes well you earn more money from your investment…the higher the risk, the higher the potential reward.
You can pretty much invest in anything:
- Shares
- Mutual Funds
- Bonds
- Property
- Cars
- Wine
- Art