Investing is laying out money now to get more back in the future
Warren Buffett
Investing is becoming a more sought after way to gain an extra income nowadays. With inflation up and interest rates down, people are looking for different places to store their money.
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Successful investing is about managing risk, not avoiding it
Benjamin Graham
Investment ratios are used by accountants, CFOs, current and future investors and among others to determine a company’s financial performance. Ratios show the story behind the numbers and can be used to pinpoint your new investment, but they are also used by a company’s management team to establish the current financial status of the firm. When used for the latter purpose, a company will act upon the results found in most cases.
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Risk comes from not knowing what you are doing.
Warren Buffet
In today’s world, wanting to invest is increasing in popularity, especially with the younger generations. Personally I am very passionate about investing and I do not believe in the old narrative of putting your money in a savings account. Nowadays a savings account will get you less than 0.5% interest a year and there are even banks that stopped paying interest altogether. In this article I want to share a few basic, but very key reminders for those that consider investing, but are new to the concept of it.
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