Ali Ata: Understanding Why You Invest an Why That’s Important
Why are you investing? Ali Ata says that while the question may sound cheesy, it’s something you need to answer before you begin your journey as an investor. Knowing the answer will help guide your investment decisions and may even play a part in your likelihood of achieving success. Investing is no simple venture. You will be dedicating precious time and money to this endeavor, so it’s important to keep your bases covered as much as you can. Having a clear understanding of why you’re even setting out on the journey will help you decide what your first steps will be and how you will gauge your success. 1. Retirement Once you reach an age when you can no longer work on a regular job, your investment could be your most reliable source of income. The good thing about investing for retirement is that you usually have plenty of time to do it and watch your money grow. Long-term investments, such as real estate, are often preferred for this purpose. The secret to getting the most out...