The Rationale and Relevance of Investing Your Money Essay

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The Importance of Investing Your Money for a Lifetime of SuccessEsbelda SantanaState UniversitySCOM 1000: Human CommunicationProfessorJune 28, 2024The topic I chose is \"The Importance of Investing Your Money for a Lifetime of Success”. It will engage and educate the audience by highlighting investment strategies. It will show how investing not only secures financial stability but also empowers individuals to achieve their goals, such as retirement, education, and wealth generation. By showing real-life success stories, this speech will show the impact of investment on personal and economic growth, motivating to consider how they can use these skills and knowledge mints that they gain on their day-to-day life.IntroductionAttention Getter: imagine yourself near the beach or traveling the world these are all the things you can do in your life when you don’t have to worry about your financial future, where your money works for you, and where you can accomplish your dreams without financial stress.Motivation: unfortunately, many people have financial struggles that they\'re having to deal with later in life because they miss out on opportunities to grow their wealth. Understanding the importance of investing can change that.Thesis: How you may say by Investing your money wisely is important for achieving long-term financial success and stability.Preview: In this speech, I will be discussing the benefits of investing, different investment strategies, and real-life examples of successful investments.BodyI. Investing yields fundamental benefits for you and your family.A. It secures your financial stability, which ensures you have sufficient money to cover your costs and save for future use.1. Accumulating wealth. By allocating part of your income to investments, you open avenues to benefit from compound interest, which leads to exponential growth in your investment, making you financially secure in the long-run (Lafayette Federal Credit Union, 2024).2. Beating Inflation. Inflation reduces money’s purchasing power over time (Lafayette Federal Credit Union, 2024). Investment provides a means to preserve your money’s value by shielding it from the effects of inflation (Lafayette Federal Credit Union, 2024). Instead of holding on to cash that loses value to inflation, you could invest in assets whose returns outpace the inflation rate, ensuring they to continue to earn interest and build your wealth over time.B.

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Investment empowers you to achieve your financial and personal goals.1. When you invest in assets such as government bonds, your investment earns interest annually, which is paid back to you in addition to the principal amount at…

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…also made his wealth from investing in stocks. Warren purchased his first stock when he was 11 – three shares of Cities Service selling at $38 a share (Fiorillo & Button, 2024). By the time he was completing high school, he had established a business worth $1,200 from his savings and interests earned from stocks held in various companies. His company thrived mostly through investing in stocks in other companies. For instance, he first invested in Coca Cola in 1988 and several years later, he owned 7 percent of the company through shares worth over $1billion (Fiorillo & Button, 2024). It is estimated that the bulk of Warren’s net worth today comes from his shareholdings and asset portfolio, with estimates showing that he makes approximately $37 million daily (Fiorillo & Button, 2024).ConclusionI. Review of main pointsa. Investment secures your financial stability and empowers you to achieve your personal and financial goalsb. You could invest by letting your money earn money or by purchasing an asset that appreciates in value, and selling it off later at a higher pricec. Some of the world’s greatest billionaires, such as Warren Buffet and Stewart Horejsi have made their fortunes from simple investments.II. Final Remarksa. Start….....

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