Want to begin investing, but still need the final push to encourage you to go out and do it? Here are three reasons why the share market could be your ticket to a comfortable future:
Get a regular bonus!
Everyone likes to see money coming in! And share market investors have the benefit of making profits from capital growth. This means that your shares reach a value higher than the price you originally paid for them, meaning that if you were to sell you would gain profit.
As an investor, you’ll also love the time of year when a company pays dividends (portions of the company profits) to shareholders. There is no set amount and not all companies pay dividends; it is a more common occurrence amongst larger companies with consistent growth. The idea behind this is that shareholders will then invest their dividends back into the company.
The right tools make investing easy
Exchange Traded Funds (ETF’s) are an easy and low cost way to take the plunge into the share market, making the option to go ahead with investing a lot less daunting. The strategy with ETF’s is that you are given a small share in many different companies, which can be bought and sold through a trading account. If time is a factor, you can easily manage your ETF portfolio in as little as 10 minutes a week with SPA3ETF.
Set yourself up for the future
With the right investing strategy, you can realistically achieve consistent long term returns better than other investments such as property. There is even the potential of your profit becoming your main source of income if you invest strategically with a provable trading system! Starting earlier rather than later is the ideal investing strategy, as you have a longer period to earn and grow your profit.
Start small and once you get a feel for the share market, work your way up at your own pace. Think long term; where would you like to be in 10, 20, 30 years? Set goals and work towards them.
Still unsure where to start? Book a free consultation with Share Wealth Systems for experienced support and resources and information on getting started as a new investor. Give it a go – You could be reaping the rewards before you know it!
