Why Invest ?

In this blog I will write about investments and finance (in general, money). If I can convince some people to start investing now, my blog will have served its purpose. I know a lot of people who dont invest, for the fear of losing money or because they are just too lazy to start off. Guys think about this - $10000 invested today, at a converative rate of 10% compounded, will amount to $25,937 10 years from now. At a little more aggressive, but not unrealistic, rate of 15% compounded annually, it will amount to $40,455 (do I hear a wow now ?). And all investments dont have to be risky - you can start off with something as simple as an online savings account (which offer around 5% APY these days), then progress to bonds, mutual funds, stocks, real estate etc. There are few things to keep in mind - the timeframe of your investment, your appetite for tolerating ups and downs in your profits and/or principal amount, and your expectations. I will share my knowledge and experience about these different types of investments in future posts.