Many people ask me, how to build wealth in 30s? How do we start for retirement if we’re beginning our journey in investment world and want to achieve financial freedom early? How to Invest in stocks for beginners, and how to start retirement savings for financial independence? In this video, we will answer all your questions. Even if you’re in your 20s and want to get financial freedom fast, this video will help you understand best way for retirement and financial freedom starting from zero as a beginner.
The first investment that you need to do is in yourself. As Warren Buffett says, the best investment you can make is in yourself. This is because the benefit of that investment can be reaped lifetime. You get compounded return all your life when your regular income will also increase and you can investment higher amount in your retirement fund or towards your financial freedom journey. This is because the AI technology and changes in the new world will also affect lot of jobs. Hence job security does not exist anymore, but financial secrurity is in your hand when you invest your money for your future.
The next step you can take is you can either invest through SIP or through Lumpsump mode. We’ve explained in the video that both the method works for different people and there’s no right or wrong. You can build great wealth even with SIP or with lumpsum investment mode. All you need is to invest wise either in direct stock market or in the mutual funds and enjoy the power of compounding. The magic of compounding will work wonders when you invest. So invest as early as possible.
