From Nasdaq: 2024-06-08 09:01:19

We’ve been taught to save money, but investing might be the key to financial freedom. Saving can mean low returns, missed investment opportunities, and can lead to financial hardship in emergencies. Investing offers higher returns, compounded growth, and can help you beat inflation while providing passive income and financial security. Ready to start investing? Start with a solid emergency fund, then gradually build your investment portfolio. You can start with small amounts and invest consistently to mitigate risk. Diversifying your investments across different asset classes can protect you from market volatility and take advantage of strong markets. Saving is important, but investing can help you reach your financial goals faster and build long-term wealth while beating inflation and earning passive income.



Read more at Nasdaq: Ditch the Piggy Bank: Why Investing Beats Saving (and How to Start Today)