Investment Law
Due to the lack of financial education, the majority of people have very few notions about how to invest their money well. They prefer to leave any decision about their finances in the hands of experts, whether the executives of the Bank or the stockbrokers. However, nobody is going to care for your money as well as yourself. Why it is so important to educate themselves in the field of personal finances and learn how to properly invest their money. Independent of you being a housewife, a retired person, a student or an employee with a secure job that satisfies you, it is good and necessary to acquire a basic how to wisely invest training. Think about the following: a person devotes a large part of his life to the generation of income. We educate us, work hard and dedicate the best hours of our day to the task of making money.
However, few people make the effort to learn about what to do with that money once it is in our hands. Most simply spend it or, worse still, are indebted by buying things that don’t You can pay. Goodbye money, goodbye producer more money servant. It is wise to leave at least 10% of all revenue we generate to invest. It is the only way to achieve our money to produce more money. There are many ways and options to reverse it. Yes, it is risky, but one can get to measure risk if one has educated. There is much literature on the subject and even more options and courses on investments on the Internet.
It is important to invest in their education before investing in anything else. Once you have chosen how you are going to invest your money, would not you like to have a quick and simple way to assess how this money is going to multiply? You can use the law of 72. Divide the number 72 by the interest rate that will get in your investments and will know in how many years will double its capital. For example, if the interest rate is 5%, will be delayed 14.4 years to double. On the other hand, if the investment gives you a 20% interest rate are only 3.6 years. This way you can evaluate quickly the investments you are doing. You will notice that only a few changes in the percentage of rates, mean big changes in the amount of time that money will need to be doubled.
