There’s a group of people who take flight the moment the word “investment” arises. This happens usually because such people have low tolerance for risk or do not understand how to invest properly. These two reasons are also quite correlated – people who are risk averse do not bother to find out how investments work. People who do not understand investing principles end up losing money and then decide to avoid risk altogether.
In the low interest environment and the relentless increase in cost of living, can one truly afford not to seek ways to better grow their wealth? I do hope I am able to help people overcome their fear of investing.
I do not want to lose money
By not investing, the person is in fact readily losing money to inflation. While the absolute amount of cash does not decrease, the purchasing power of it is steadily lost ......
Many people may not be doing well with their investing but don’t think they are avoiding it.
An ironic lose lose situation.
Invest and you may make a loss. You don’t invest and you also make a lose. What happen to the good old days where our grandparents put their money in metal tins?
I read that in Japan, many people still put their money into safes and boxes rather than in banks. Is it because of years of deflation, mistrust in banks or too troublesome?