#74 Investing Demystified
Investing is something we often put off because we have to get all our other "ducks in a row" - save for a house, buy a car, pay off personal loans, go on a holiday... There are any number of reasons.
Mostly, there is avoidance behind this because we are taught that investing is complex and risky.
While there is risk involved (like most things in life), it doesn't have to be risky. Nor does investing need to be complex.
In today's world, there are SO many ways you can get into investing, and it doesn't require a lot of money or complexity. What it does need though is a fundamental knowledge of investing, which I go through in this episode.
Why is investing so important? It's the ONLY way to build wealth. If you want to be financially independent, comfortable, or whatever your motivation, investing is something you need to do.
Can I invest while paying off my mortgage? Absolutely! Investing works best when you have more time, and by the time you pay off your mortgage, you will have missed out on decades of good investing years.
The time is now!