Why Should I Invest?

here are three class of people in this world.

Poor people: They live on their day-to-day wages.
Middle Class People: They buy liabilities and spend all their life repaying the liabilities (loans may be home loan, car loan or personal loan).
Rich People: They buy assets and generate enough cashflows to satisfy all their needs and wants.
The secret of rich people is that they all have multiple sources of income and stock market is one of the most important source. For getting rich you have to make the money work for you,not the opposite

Over a long period of time, stock market has given the best returns among all the assets. For Example, ₹10,000 invested in Wipro in 1980 would be worth ₹500 crores today. While you did nothing, your investment was making money for you.

Most of the people world would advise you to stay away from stock markets because they think that it is dangerous, and you will end up losing money. Yes, it is dangerous if you don’t know anything about how the stock markets work. If you don’t know anything about stock markets and are not even planning to know, then don’t invest directly in stock markets, invest through mutual funds.

But if you are ready to explore the stock market, start by reading some books. One of my favorites is The Intelligent Investor by Benjamin Graham. Stock market will be very fruitful if you have right set of knowledge. Remember, Knowledge is Power.