Invest, invest, invest. Does that turn into blah blah blah to you? We all know that we should invest, so let’s skip ahead to the fun stuff: what investing can actually do for you. (Besides help you avoid the dreaded dog food in retirement scenario, that is.)
The fun stuff
A survey from the Motley Fool (done as part of their efforts for Worldwide Invest Better Day) shows that it’s not all about retirement.
They asked “What has investing given you the ability to do?” and things like taking a vacation, owning nice toys (airplane, anyone?), and buying a house were on the list.
Of course, the ability to retire and taking care of your family were on the list too, but a lot of the things on the list are FUN.
The details
Why it matters
So why does this matter? It matters because you’ve got to find YOUR reason. What do you want for your future? What are your hopes and dreams? What do you want to avoid?
You shouldn’t invest because you’re “supposed to” or because a ton of personal finance people talk about why it’s important to blah blah blah.
Invest because you know exactly what it can do for you. After all, it’s your life, and your money. Make sure it goes the way YOU want it to.
Posted in Investing on 09.26.12 with 7 comments.
I’m surprised that “enjoy making money” is the 2nd biggest answer. I thought it would have been on there, but not nearly that high up.
Strangely enough, I was surprised that was on there at all. But I guess it makes sense!
It’s a game for a lot of people – not so much fun when you are losing as when you are winning. But, it is a game people should only play with money they don’t need for a very long time!
That makes sense :)
Thanks for sharing this chart with us. Why do you invest Jackie?
Oh I’m all about the “retire when you want to” answer :)
Hi Jackie,
I read through your about me section, and your strength is one to be reckon with :)
Also, this blog was great on investing; I like the retire when you wish on your survey.
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