|

3 Reasons Why You Should Start Investing Now [Video]

When is the best time to start investing? Remember how last week we talked about how time is more important than money? When it comes to investing, that’s true in a very literal way.

A lot of people never start investing because they’re afraid they’re going to lose money. And yes, it’s true that you can lose money if you’re not careful. But it’s also true that if you don’t invest at all, you’ll definitely lose money.

What?!

Blame inflation. Inflation means that on average, our money is worth about three percent less every year. Say you put 100 dollars under your mattress and take it out 30 years from now. Technically, you still have a hundred dollars, but that money will only buy 40% of what it can buy now. It’s lost 60% of its value. In fact, it’s losing just a little bit of its value every single day.

Well, that sucks, you're probably thinking. Whether I invest or not, my money’s at risk. How can I win?
Believe it or not, the way to win is to start investing now.
Here are three reasons why you should start investing now.


For more from Invest Diva, click here

Author

Kiana Danial, CFP

Kiana Danial is an award-winning, internationally recognized personal investing and wealth management expert.

More from Kiana Danial, CFP
Share:

Editor's Picks

XRP extends breakout as ETF inflows, futures demand drive momentum

Ripple rises on Friday to trade above $1.40 as bulls aim for a continuation of the rally above $1.50. The remittance token is up by more than 12% on the day and over 40% since Monday, reinforcing the bullish outlook.

Bitcoin Weekly Forecast: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.

Chainlink hits seven-month highs amid strong DeFi, institutional demand

Chainlink is up roughly 8% on Friday, pushing the price up over 20% so far this week into double digits. DeFi ecosystem records daily DEX volume of over $9 billion for three consecutive days as TVL rises to $84.76 billion.

Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows

The cryptocurrency market remains bullish on Friday, led by Bitcoin’s surge above $77,000. Altcoins, including Ethereum and Ripple, mirror BTC’s positive outlook, trading near $2,400 and $1.35, respectively.

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.