Superior Investing
By Pako Valor
()
About this ebook
Get more money in you're pocket by learning how to invest. Discover the power of compound interest, and how it can grow your wealth and riches.
Pako Valor
Pako Valor is an artist and novelist, graduate of San Antonio College with an Associate of Fine Art degree in Arts and is currently earning his Bachelor of Fine Arts degree in Creating Writing from Full Sail University. As a storyteller, he writes about crime, war, or sci-fi. Pako published his first crime novel Superiority, and is including paintings of the characters from his stories. In his spare time, he’s either walking his dog, Nacho, or eating tacos at a restaurant. You can visit him at: https://www.facebook.com/artistpako
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Superior Investing - Pako Valor
Superior Investing
By Pako Valor*
Copyright © Pako Valor 2022
All Rights Reserved
First Smashwords Edition
Smashwords Edition, License Notes
This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to your favorite ebook retailer and purchase your own copy. Thank you for respecting the hard work of this author.
Table of Contents
Title Page
Copyright Page
Table of Contents
Introduction
About Investment
Types of Investments
Investments and Compound Interest
Acorn App
Conclusion
About the Author
Introduction
A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation.
When a person invests in a thing, they do not intend to utilize it as a source of immediate consumption but rather as a tool for future wealth creation.
An investment usually involves the expenditure of some resource today—time, effort, money, or an asset—in anticipation of a future return greater than the initial investment. For instance, an investor could buy a financial asset right now with the hope that it would provide income later on or that it could be sold for a profit at a higher price.
Acorns provide novice investors with a straightforward, affordable passive investment option. Although the app's user interface and instructional material are intended for novices, individuals who are just getting started may find its flat-fee structure to be somewhat more costly than percentage-based costs (competitor Elle vest has a similar problem). To sum up, Acorns may be used most effectively by those who need a little push to save more money, not by newbies with low balances searching for the cheapest choice.
Let's get started! This book is intended to assist you in gaining a firm understanding of the subject and all of its related features.
About Investments
What Investment Means?
Making an investment entails using money now