If you want to achieve financial freedom, you must learn how to invest and make money with money
Why do people invest?For the appreciation of assets;If you only make money, but do not invest, the value of money will continue to depreciate. It's like a cracked bottle that you keep adding water to it and the water seeps out before you know it.
In fact, many people now know that inflation exists, and they also have the awareness of investment and financial management.
So, what should be done for ordinary people?
Work hard to make as much money as you can, then invest a portion of that money and keep it goingIf we make more money in the future, such as a promotion and a raise, we will invest more money.
The next question is what to invest in?We know that most of the time the inflation rate is higher than the bank's deposit rate, and if we take the money and save it, the money will continue to depreciate in the long run.
For young people, the best way is to buy, if you are familiar with the capital market, you can judge which are great companies and can find the right time, of course, the best!But for non-specialists, the best thing to do is to buy the index.
Warren Buffett is even more highly regarded in the index, and he once set up a $1 million bet: for a period of 10 years, the bet that the index can beat the hedge. He even asked that after his death, trust assets be invested in the same way: 10% in short-term US Treasuries and 90% in the very low-cost S&P 500**.
Therefore, for ordinary people, it is a better choice to buy **index** with the money they save on a regular basis, and of course, you can also buy the S&P 500**. However, the most important thing is to stick to investment and hold for the long term.