STEPS TO INVESTING
Mombasa Tuesday, July 11,2023 By Martin Ndichu STEPS TO INVESTING Investing is a powerful tool that holds the potential to transform ones financial future. Understanding the fundamentals of investing is essential, whether you are just starting your journey or looking to expand your investment portfolio. Investing is the act of allocating resources, typically money, with the expectation of generating returns or profits over time. It goes beyond saving, as investing aims to grow your wealth by putting your money to work in different asset classes such as stocks, bonds, real estate, mutual funds or business. Before you begin investing you must be able to define your financial goals. You must identify if you are investing for retirement or investing in order to purchase a home or investing to fund your children’s education or investing to simply grow your wealth. Therefore having clear objectives enables you determine the right investment strategy and time horizon. Every investment involve...