Explainer Video sample
Description
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
North American (General) North American (US General American - GenAM) North American (US Midwest- Chicago, Great Lakes)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
Today's video is about what an investment is and how to invest. Investing is a tool to reach your financial goals on your financial journey. Investment is when you put money away to get a return later in the future. It's a key component of wealth creation. Your investment will grow with compound interest, which means interest grows interest. Popular ways to invest are in stocks, bonds and real estate. Investing in stocks means you are trusting and believing in a company. If you invest in the stock market and invest in a company like Apple or an index fund that follows SNP 500 your return can be on average 7% a year. By investing in these companies, you will get paid in dividends quarterly, which you can reinvest or keep the cash. Another way to invest is by buying property and renting it out. Rental income can bring wealth if managed correctly. A common misconception is that you need a lot of money to invest, but this is not true. You can invest with whatever amount you have, so don't wait for tomorrow and start investing today.