When you’re young, saving for retirement may not be an immediate concern. However, time is one of the best tools when saving for retirement. Investing in the stock market can be an appropriate place to invest your money when getting started with your retirement planning. With your money invested in the Stock Market, your money can work for you while you work for your paycheck.
Stocks are just one of many possible ways to invest your money. In spite of its fluctuations, the benefits of investing in the Stock Market. If you are anxious about investing in the stock market, AOG Wealth Management, the McLean and Great Falls financial planning specialists, list four compelling reasons to invest in the Stock Market:
1. Stocks Can Offer the Highest Potential Returns
Historically, investing in the stock market has returned better returns than other investments. In the U.S., stocks have steadily earned more than bonds over the long term, even with the regular ups and downs in the market.
2. Financial Swings of the Stock Market are Easier to Endure the Longer Your Investment Time Horizon
Stocks taking a plunge make for scary headlines. But if you investing for the long-term, the ups and downs do not affect you if you do not need the invested money for 10, 20, 30, or more years down the road. As such, try not to let short-term volatility dissuade you from investing in stocks.
3. You Can Manage Inflation Risks Better
Not investing can be a risk in itself. This is because the long-term threat of inflation can erode your savings and purchasing power in the future. To mitigate this risk, you need to seek investments that can outpace inflation. As the experts in wealth management and estate planning in Washington, DC and Northern Virginia, we offer a diversified mix of investments to provide you with a stronger buffer against inflationary trends.
4. Stocks Have No Lock In Periods
Unlike some investment products, you are not locked into the investment. That means you can hold the stocks for as long as you want, or sell right after buying. This flexibility puts you firmly in charge of your investment.
Let us help you plan your financial goals today. In addition to asset management, you can count on us to see you through your trust, investment, and tax planning in Washington, DC and the Northern Virginia area. We will work with you to deliver the right approach to growing your money.
Call us at 1-877-600-3573 or fill out our request form to get started.