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Thursday 28 May 2015

Shares Can Make You Rich

Most people don’t have a clue about money. There are millions of people in the UK and all around the world whose cash sits in bank accounts earning no interest at all. That’s right, no interest at all. Banks like HSBC will charge you around 18% for going overdrawn. So if you want to borrow money from them that’s the rate they want... but they will give you nothing.

There is another way. You can invest in shares.

Investing in shares means owning a small amount of a company. Instead of just letting HSBC borrow your money you can own part of HSBC. If you research this, you will find that that top bosses will have LARGE numbers of shares in the companies that they work for. And at times they will use more of their MASSIVE salaries to buy EVEN MORE SHARES.

So you can see here that owning shares is something that really rich people do, millionaires. But you can do this too! You probably need at least a thousand pounds that you can invest for at least one year. That’s the bare minimum, ideally you should invest for longer and with more. But if you have that amount I recommend you go for it.