Why Everyone Is Going Crazy About Investing: 5 Key Reasons You Should Start Now – Benefits of investing

Just think about it: By the end of 2021, about 20% of America and the world were investors. By early 2024, that number has more than doubled to over 60%!

Investment in the United States is at the forefront of this. Where more than half of the population is involved in investment.

This surge in the stock market isn’t just a passing trend; it’s a fundamental shift. In this article, we’ll explore the reasons behind this massive influx into investing and offer tips on how to get started, even if you have limited savings or knowledge of the market.

Reason #1: Inflation is Eating Away at Savings

Inflation in US is officially pegged at 4.1% per year (2023), but in reality, it feels much higher.

Consider this: last year, a brand-new car price increased by 11.7% (December 2020 to December 2021). This year, it’s priced at nearly $44,500 —a 8% increase in just a year.

The cost of everything from cars to everyday goods is rising, making it clear that keeping cash under the mattress or in low-interest savings accounts isn’t an effective strategy. Inflation is devouring savings like a ravenous beast.

Reason #2: Growing Financial Literacy

There used to be a misconception that Westerners invest because they’re wealthy and have extra cash lying around. In reality, they’re taught good financial habits from a young age and learn to manage personal and family wealth responsibly.

This mentality is currently catching all the desi. Financial literacy courses are being introduced in schools, and adults are increasingly seeking to improve their financial situation by enrolling in investment courses. For example benefits of investing, over the past eight years, 10X people have trained through various Investing programs.

Reason #3: If Others Can Do It, So Can I

One of our students began investing secretly because her family was skeptical and feared she’d lose all her money. But when she saved enough for a down payment on an apartment through her investments, they quickly changed their tune and wanted to learn more.

This “seeing is believing” approach is common. People are often hesitant to dive into investing until they see tangible results from someone they know.

Reason #4: The Desire to Accumulate More, Faster

Every method of saving has its benefits, but investing in the stock market is like hitting the turbo button on your wealth-building strategy. With the potential to earn hundreds of percent in returns, starting early gives you more time to grow your investments.

For example, one of our investment portfolios grew by 550% over eight years. In comparison, the dollar increased by 80%, Real estate by 100-200%, and Sochi real estate by 300%.

Reason #5: Investing is Accessible to Everyone—Even Stay-at-Home Moms, Retirees, and Busy Workers

You don’t need a lot of money to start investing. You can begin with as little as $100 or $500. The key isn’t how much you invest but how disciplined and consistent you are. For instance, by investing just $500 a month, you could accumulate over $30,000 in just five years.

No special education is required. All you need is a smartphone, internet access, time, and the willingness to improve your financial situation.

Where Can You Learn to Invest for Free?

Smart investing allows you to grow your savings quickly, stress-free, and without losses. With the current market offering so many opportunities, now is a great time to start.

You can start investing in a mutual fund from beginning. Because risk of loss is very low when you invest here. If you want to do something good from the start, this can be the best way for you. Currently, there are various types of mutual fund companies; you can get involved with them and start your investment journey.

We have a detailed article about mutual fund investment, by reading which you can acquire a lot of knowledge.

On the Path to Passive Income

The workshop is led by Vitaliy Koshin, a professional investor with 18 years of experience, a financier with a Ph.D. in economics, and the director and founder of a large investment school. Years ago, he entered the stock market with just $10,000, and today, his investment capital has grown a thousandfold!

Read More: Is Gold a Good Investment Right Now? Or other ways to Invest

The knowledge you gain isn’t just for you; it’s something you can pass on to your children and grandchildren. Over time, your family could reach new financial heights and leave behind the worries of debt and budget shopping.