Home Brand View Four reasons why investing is for everyone As economies remain volatile, investing smartly can help anyone achieve financial freedom, according to AIX Investment Group by Gulf Business April 18, 2021 The Covid-19 pandemic has seen a massive shift in our outlook towards wealth. While people were affected by jobs losses and salary cuts, savings also grew – partly due to lockdowns and movement restrictions and partly due to an increased attitude towards curbing expenses and stashing away money for a rainy day. Even pre-pandemic, there had been a rise in younger people starting to save more to enable an early retirement, with initiatives such as the FIRE (Financial Independence, Retire Early) movement starting to take off across the world. However, just saving is not the key – especially for the growing number of young business leaders, entrepreneurs and executives in the region. Investing smartly can help not just build wealth, but also improve financial stability in the longer-term. Here are four key benefits, as highlighted by AIX Investment Group: Stay ahead of inflation If you don’t invest and grow your money, you will actually end up losing money over time. This is all thanks to inflation. Inflation is the general increase in prices that happens every year and the decline in the purchasing power of your money. The rate of inflation can vary widely, but historically inflation has averaged to around 3 per cent. Build your wealth Investing is how you build wealth. There are hundreds of ways to invest and grow your money. If you are serious about building wealth, then you need to create an investment plan that suits your goals. The wealthy get there by investing. Retire early In order to have enough money to retire, you need to make your money work for you. Leaving your money sitting idle will actually work against you. The more you invest, the more you will be able to take advantage of the power of compound interest – which is what happens when your interest starts earning interest. Meet other financial goals Investing can also help grow your money to meet other financial goals or achieve your long-term dreams whether that is building a nest egg for retirement, repaying your mortgage early or paying the university fees for your children. The key is to build a plan that suits your needs. AIX Investment Group offers a range of bespoke investment options that can be tailored to an investor’s changing needs and priorities. The portfolios are suitable for different risk/reward appetites with a diverse set of products available to investors. For more details, click here: www.aix-investments.com Tags AIX Investment Group Brand View finance GCC Investment savings UAE 0 Comments You might also like US-UAE climate-friendly farming partnership grows to $29bn Novartis Gulf’s Mohamed Ezz Eldin on the region’s key healthcare trends Bahrain’s ATME aims transforming regional markets with asset tokenisation From humble beginnings to global heights: Sheikh Mohammed’s journey unveiled in new biography