When it comes to investing there is no dearth of advice online or offline from blogs or Twitter threads and friends to relatives, everyone seems to have an opinion on how you should invest your money.
However, there is no standard cookie-cutter approach that can lead you to instantaneous wealth. Investing is an art and a science, and it is important to develop a the financial literacy needed before embarking on your financial journey. Here are some things you should know.
Why Should You Consider Investing?
Apart from drawing a regular salary, there are many other supplementary ways to make money. Investing is one of those ways; in fact, it is one of the best ways to help your money grow and make it work hard for you. Smart investing can become akin to a second source of income and eventually help you to tide over difficult times, save on taxes and help build a robust post-retirement fund.