Investing Daily: The Path to Financial Security and Wealth Accumulation

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The best thing to do with money is investing. Many people I have seen despite having money never generate money with it. Rather they prefer saving accounts which only give you passive income and has not the potential to fight against inflation.

But why we dont choose investing over saving? One of the main reason is that we dont want to take risk of our asset. This is good thing to take care of your money but not good to protect your money and put it into any saving scheme.

I never like to put my money into saving accounts which rather give me profit depreciate my money. Because inflation rate is higher nowadays and it needs a firm investment that be able to fight against inflation.

That is why I prefer investing money into best projects and having a proper check and balance to it. So what kind of investing is good that can lead to financial security? Investing daily is the best way to build your finance.

Many of you people have question in mind that how daily investing can lead to financial security. Yes, there are several reasons to it. One of the main reason is the opportunity of compound interest.

If you invest daily means you are compounding your money. Just suppose you are daily investing $1 and after ten years your $1 will made $3600. This is the exact money you add daily but after compounding the money will 2-3 times of this amount.

Dollar-cost averaging is another opportunity of investing daily. Let suppose you are good to invest in #hive and you are daily investing in HIVE. In daily investment you will get a chance to average your price.

This is because you will get to invest daily at different price. If today the price is around $0.35, then tomorrow may be the price declines to $0.34 which will help you lower your average.

Your Secret Weapons in Daily Investing

No doubt, daily investing will give you long term growth. You dont value investing $1 daily because thats not too much amount. But after few years your these investment will surprise you because the ocean become drop by drop.

Another benefit of investing daily is that your money will not depreciate. This is because you will daily invest your money which will protect your money for decline. The inflation increases day by day but by investing your money will be able to fight against high inflation.

Another benefit is the risk diversification. Investing daily will allow you to choose different investment markets. Let suppose you are investing in #hive and the price is dropping continuously. What you can do here is that to stop your investment in hive and start investing to another project.

Daily investment will allow you to diversify your risk. There are many projects to invest which will surely build your wealth.

What do you people think investing is better saving your money? Do you think investing daily will build your wealth and is a good retirement planning? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

   IMAGES ARE TAKEN AND EDITED FROM CANVA.

Thank You!
Best Wishes.

Posted Using LeoFinance Alpha



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8 comments
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Averaging and risk diversification are great tools to protect reserves. Besides, Hive offers great tools to integrate these features into our portfolios.
Aside Hive, there are also other great tools (like real estate, gold and so on) to do it and acknowledging it it's great.

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I agree with you regarding risk diversification. We must not rely on single investment market but rather distribute our money into other money markets such as Gold, real estate, silver and many more.

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daily investing will give you long-term growth

This is practical and can give better returns if followed with discipline. Well-written article about wealth accumulation

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Thanks for your interest. No doubt proper discipline is one of the reasons for the long term growth.

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Personal, i think having multiple sources of income is the first step. We should also consider that people little or no income cannot invest. So i also like to put this into consideration. Nice piece.

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Thanks alot. That is why a famous saying "Never put all your eggs in one basket"

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