Financial literacy is the key to freedom and happiness. The ability to invest money with maximum benefit brings positive emotions and stability, the ability to do what you love.
Instructions
Step 1
By definition, a person who invests their money in an enterprise owned by others at their own risk is called an investor. Unlike savings, the essence of investment is not the consistent accumulation of part of income, but the management of assets - sources of passive income.
Step 2
The easiest way to invest money is to create a deposit account with a bank. The return on your deposit asset will be entirely determined by the interest rate.
Step 3
There are also more profitable investment instruments. Stocks and securities allow large enterprises and corporations to be provided with cash. As a reward, you can either watch the value of your shares rise, or receive dividends (a portion of the company's annual profits). There is also a psychological aspect in buying shares - it is prestigious to be a shareholder of Google, Facebook, Gazprom. All investors and holders of securities have the right to learn information about the profitability of companies and their policies.
Step 4
The most profitable financial instruments are also the most risky. The FOREX exchange and the sports betting site BetFair have a large number of members. If you can easily solve math problems and are ready to analyze sports or market events, gambling can be your main source of income.
Step 5
You do not have to invest money in other people's structures, while receiving only part of the income (as is the case with bank deposits and the purchase of securities). Starting your own business gives you a unique opportunity to be creative and earn all the income from your money. You need to choose a suitable idea, register a company, register it with the tax office and recruit a team. After these difficult steps, you will only have to sell your goods and services to interested individuals and organizations.
