4. Beat inflation

If you simply keep your money or salary in your bank account,it can slowly start to lose value as inflation increases and eats away at your purchasing power.While the inflation rate reported is quite low currently,education expenses and health expenses are skyrocketing at ...

1.Higher returns of investment

Once you’ve come to know the importance of investment decisions, you’ll understand the variety of investment options available. Investing funds within an asset include a trade-off as the investor goes through the maturity period in the present to gain somethin...

3. Tax Efficiency

Investing can help you cut down on taxes with accounts such as the TFSA, RRSP, Roth IRA, 401K, and others where the taxes on making investments are next to non-existent. As the government has reduced their responsibilities towards retired individuals, they have created suc...

5. Achieve your financial goals

Investing money is one of the easiest ways to achieve your financial goals. As you age, your financial needs develop as well, giving you different financial requirements in life. For an individual, it usually begins with the purchase of a house. Even if you f...