LML Group Hong Kong: When Should You Start Investing?

Most individual investors believe that an investment in the stock market is a way of obtaining goals to retire and nothing else. However, this is far from the truth. Many investors buy stocks looking more at the short term gains rather than the long term picture. These examples will enlighten you to look into the positive results of smart investing in stocks and mutual funds. 1. Buying the home of your dreams. Being able to pay cash for it is not necessary; imagine how you would feel to be able to pay it off immediately. Naturally, down payments are good to have, too. The more money you can put down, the lower your interest rate will be. That means you will pay less over the life of your home. This will create instant wealth and equity for you and your family. 2. Giving your kids a college education. While not as far down the road as retirement, it is a longer term investment. We all dream of sending our kids to a good school , naturally we all want the best for them, but the idea of planning for retirement is a little harder to grasp. However, many of us are not sure how to give our kids the college education that we feel they deserve. 3. Medical expenses. When you have children, you need to be aware there will be unexpected medical bills. Even though you have a good insurance company, you will probably have some bills to pay along with deductibles and the extra payments that may be incurred. It is certainly beneficial to have some money invested away earning income to …