Investments play a crucial role in achieving financial goals and financial independence. However, investment in the Philippines has yet to catch on. Only a little over a third of Filipinos use investments to fulfill their financial goals, with more than half still relying on budgeting and planned purchases.
It can be scary for many to take the first steps to stock investing, especially when misconceptions about it are still passed around as fact. While it’s valid to be afraid while doing something new, it shouldn’t get in the way of growing your money.
6 Reasons Why You Shouldn’t Be Afraid to Invest
With a little calculated risk, you can bring yourself closer to hitting your financial milestones. The following are the various reasons why investments are nothing to be afraid of.