I started my investing journey back in May 2021, when the stock market was doing wonderfully. Due to the pandemic, nearly every company was over-valued, meaning that people thought they were worth a lot of money. And when people think something is worth a lot of money, it becomes a lot of money.
Investing in stocks and shares is a nice way of storing your money for the long term. Inflation is a necessary evil in the world of the economies, but it means that any money that you save, becomes less and less valuable. The great thing is that in our economy, companies exist. The money you pay towards purchases, say a coffee from your favourite café or your Amazon purchases, all ends up back into the economy, making it grow year on year. This is basically why investing usually yields you money, you are paying for the future. The money you invest allows companies to hire more, buy better equipment and ultimately increase productivity and profits. When a company becomes more profitable, its value increases. It is this increased value that you now hold a share of, and in the future, you can sell it for more than you purchased it for.
Investments are not without their risks. Your capital (money that you invest) is always at risk. Some companies may have declining profits or even go bankrupt. This is a major reason to why the majority of young people think of investing as a bad thing. But it is actually not that scary if you start investing with small amounts of cash. Recently there are many investing platforms that you can start investing with, that only require as little as £1 to start. I recommend as your first step, to download one and try out investing with just £1. Also, if you use the link down below, when you sign up and deposit £1, you will get a free share. When you are ready to start investing more money, I would recommend that you switch to a different platform that offers more security on your money. But as of now, invest your spare change and I am sure that you will be convinced as I was, to invest a large portion of your income monthly.
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My Amazon store (affiliate link)
Here you can shop for the items that I recommend, and in doing so, I will earn a small commission. This costs you not a single penny extra.
https://www.amazon.co.uk/shop/jubair194
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