Why Some People Shouldn’t Invest
I have been investing since I was in my early 20’s and in this article, I want to share with you the truth about investing that most people don’t understand.
You see, investing is putting money out with the expectation of getting more money back in. And the key word there is expectation. I observe that many investors have wrong expectations completely when it comes to investing.
Why?
Because financial institutions have done a very good job of creating products and services that they make money off of and making it sound like they are “investments”. Well, I can tell you that the very best investments aren’t a profit scheme created in a boardroom anymore than the very best food out there doesn’t come from McDonalds.
In fact, food is a great example. If you want the very best in quality, organic food, it’s going to cost a little more money, it takes a little more work to create, and it is a little more scarce (go into the grocery store and look at how big the organic section is compared to the non-organic section). Investing is the same way. If you want truly good investments, it is really important to set the right expectations from the get-go.
I’ve mentioned before that the word “invest” at its root means “to clothe your money” and when I am clothing my money (or even my body for that…