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Building wealth and creating solid financial security are longed by many who have experienced firsthand going from the Great Recession to a global pandemic in recent years.
For some, the best way to accomplish this is through a savings account that can offer a marginal interest rate because the concept of putting money to work through investing can seem too complicated.
In reality, investing allows for the pursuit of a more significant return over the long run and is one of the best ways to diversify assets. Moreover, it can be simpler than people think.
The biggest misconception is that to get into investing, a vast financial background is needed. Many resources and tools can help you make better decisions today, to help prepare for the future. Getting into financial markets does not have to be intimidating.
Here’s what you need to know.