The Need To Invest - Deepstash
The Need To Invest

The Need To Invest

If there is inflation of 2% every year, that means that you need at least a 2% return on your capital to maintain your real purchasing power. If you get no return by leaving your money in an account with no interest, your money is becoming less valuable over time. So you need an investment strategy that, at the very least, keeps up with inflation.

214

4.3K reads

CURATED FROM

IDEAS CURATED BY

thomgutie

Academic librarian

A classic guide that blends history, economics, market theory, and behavioral finance to offer practical and actionable advice for investing and achieving financial freedom.

The idea is part of this collection:

Leading in Product Management

Learn more about books with this collection

How to align stakeholders

Best practices in product management leadership

How to create value together

Related collections

Similar ideas to The Need To Invest

Why 20 percent is recommended

Assuming you're in your 20s or 30s and can earn an average investment return of five percent a year, you'll need to save about 20 percent of your income so you can reach financial independence when you're older.

Financial independence means that you can maintain your chosen lifestyle entir...

The Power of Compounding

At first glance, compounding does not look remarkable. However, looking at compounding in action, you will notice a few things.

Consider, for example, investing in stocks at an average real return of 6.8%. (It is inflation-adjusted.) During the first few years, compounding doesn't real...

Invest yourself in your decision

This investment is almost always what triggers a "point of no return moment". It’s that point in time when a person becomes truly committed.

Once you make an investment in your decision, you solidify your new identity. Your role changes. You become a leader of the cause you’re...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates