Why invest?
Keeping money invested for the long term can give it an opportunity to grow. Investing also involves the possibility of losing money.
MONEY BASICS
Investing 101
Investing means putting money to work with the hope that it grows over time. Start by understanding the fundamentals.
Compound growth
When investment earnings are reinvested, future growth can build on earlier growth. Time can make this effect powerful.
Diversification
Spreading money across different investments can reduce the impact of one investment performing poorly.
Risk matters
Different investments have different levels of risk. Understand what you’re investing in before putting money into it.
Money Smart tip: Learn the basics before investing. There is no need to rush into something you don’t understand.