INVESTMENT (A real superpower)

 "Investment yet another term upon hearing or speaking we have shivers. People around the world have mixed opinions about it, some think of it as a "gamble". In contrast, the ones who have more knowledge about it claim to be their "superpower" or zenith. So what exactly does investment mean? In terms of the dictionary, it means "something worth buying because it will be useful. Well, it's a bit lame description let's make it more interesting. 

Investments can be made in various forms, be it GenZ's crypto or NFT down to traditional real estate or the stock market. Now let us assume you have a job and make a good income of around 1-2 Lakhs ($1,000-$2000) your ideal way to begin investing should be in mutual funds or FDs (Fixed Deposit) {which gives you the lowest returns} or even in the stock market. Mutual funds significantly reduce your risk of losing money as it makes diverse investment in top-performing companies in various sectors. To begin with, you can invest a small amount of your salary or savings into the places mentioned above, once you have enough confidence and knowledge about what you are getting into you can raise your investment funds accordingly.

If you believe in Blockchain technology and its potential then now is the best time to invest in it. Yes, I do agree that the crypto market is volatile but if you have a long-term investing plan then it wouldn't matter to you very much, but if you are into it for short-term gains then my friend you are doing nothing but gambling, and when your luck runs out you will probably never invest in crypto again because you were wanting to make short term gains, it might be very helpful to you in the meantime but in the long run, you will definitely regret about it. Also only invest that much amount which you can probably afford to lose which in turn doesn't make a dent in your financial condition this is because as I have mentioned earlier Crypto market now is pretty much volatile and will continue to be for at least a decade.

Now when it comes to investing in real estate people often tend to think that their house is their biggest "asset", but let me tell you it's not completely true!!!! because when you are residing in your house it is not generating any income or to be precise "passive income" instead it is draining out money from your pocket in several ways be it your mortgage payment, bills, repairs, etc. But in most cases, it is gaining appreciating meaning if you decide to sell your house in the future you can sell it for profit. But you can covert this 'Liability to Asset' by renting it out.

Another place to make an investment is by buying jewelry because precious metals like Gold are most of the time inversely proportional to the stock market i.e when the stock market goes by or is in bull phrase prices of gold are usually low or moderate but when the market crashes or is in a bear phrase then prices of gold just shoot up. You can also invest in luxurious timepieces or cars but to do so you must have proper knowledge about their respective market space.

An important takeaway from this blog is that whatever you are investing into take some time to learn about it and make sure to invest the right amount of your money because you sole will either reap rewards or pay the price for your impatience.