Investments can be a confusing thing for a lot of people. A lot of Americans either don’t know how to invest, or know what they should be investing in. This is where WiseDime comes in to save the day. Above, we’ve gathered a playlist of videos on how to invest, statistics of investment, and videos that will give you all the knowledge you need to know on putting your money to good use. Especially in a bull market where tech stocks are high and mighty, it’s always good to know what the best steps to take are.
First off, know that, according to a survey by GoBankingRates, 44 percent of Americans are not investing their money. The point of an investment is to have your money grow over time. So if you’re not investing, what are you doing with your money? Interest rates on a savings account won’t accumulate you maximum growth, so putting that cash somewhere else could be a huge benefit.
Of the 56 percent that are investing, the majority of them are ages 35-44, falling in the “Generation X” category. It also seemed like, with the older you grow, the more likely you are to invest in real estate rather than traditional stock. The rest of the player above can give you all the details on how to invest the smartest way, but the main takeaway is to not let your money sit unattended when it could be turning into big bucks.