Investing in the age of Adulting

Adulting is one of the biggest word that bombarded this generation of millenials. People of my age is somewhat excited with the idea of adulting stuffs while others find if challenging. Adulting is somewhat the behaviour of being a grown-up, doing or completing adult stuffs like paying taxes, paying bills etc and to some cases having a baby at an early age. One of the important skills I think people of this adulting world should be equip of is the idea or the power of financial freedom. Having extra source of income or savings to cover up your expenses without the feeling of deprivation in this world is one of the greatest asset you can have. And for me it's a power.

But how do you actually set yourself in the state of financial freedom. The thing is you invest. And to tell you investing in your adulting age or at this point of time that you are still young and has the power, energy and time to do so is the best time to invest.

Investing is actually a big word to many and somewhat connotes to be a challenging task and that is because many people of my age lack the idea and the financial literacy. At some point people tend only to think of what lies for here and now and not actually thinking and preparing for the future. This give way to further set aside investing.

There are actually lot of investment vehicles to engage on. The list shows as follows.

1. UITF's(Unit Investment Trust Fund)

UITFs are somewhat a medium to long-term type of investment allowing you to achieve a passive income as return while not paying so much capital to engage on. And the thing is the problem and challenge if where to out your investment is is not for you to worry becausd someone is doing it for you. Professional fund managers do the whole investing stuff while you just sit on and relax and wait till your money mature and grow.

There are different tyoe of UITFs to engage on depending on the risk you are willing to handle. There's money market funds, bonds, stocks or the balanced funds which falls on the conservative type of investors.

2. Mutual funds

Mutual funds somewhat works like a UITFs but in this case, insurance and other investinv companies has the power to operate the mutual funds. It can be a open-end fund or a closed-end fund. It was a pooled or collection of money where in a professional money managers is the one assigned on the idea on where and what to investments with that sums of money. Mutual funds is seems to be one of the great way to put your money on to invest in securities such as bonds and stocks.

3. Bonds

With a minimum investment of 5,000 you can actually have your investment set on with bonds. Bonds somewhat works like stocks but definitely it's a loan (debt instrument) issued by company. Bond is a form of fixed interest income giving you a guarantee of passive income when maturity period comes along.

4. Stocks

Investing in stocks is indeed one of the best way to earn a larger amount of income compared with bonds. Though it entails also a higher risk. Remember the principle of investing that with higher return comes a higher risk.

Investing in stocks is like having a part or ownership to a certain company. Investing in stocks market give a power to its shareholder a voting right as well as claims i the form of capital gains and dividends in the long run.

5. Invest in yourself

While there are numerious investment vehicles to choose on out there, you'll probably be asking whats the best of them all. Well the thing is investing in yourself is the best investment so far. Life is a long term learning process thats wht learn to hone it with the best that you can. Equip yourself with necessary skills, develop professionalism, indulge in making creativity out of you When the right time and cirmcumstances come, you can even monetize this skills to fund your personal journey in investments toward achieving the so called financial freedom. As Warren Buffet quoted " the best investment you can make is an investment on yourself. The more you'll learn, the more you'll earn.

Invest while still your young and capable of all the goodness of time. Don't hesitate for now is the best time to invest.

If you don't find way to make money while you sleep, you will work until you die. - Warren Buffet