Now that you know how to SAVE, do you know how to invest? Let Truly Rich Club teach you what is investing.

Investment is placing your hard earned money into an asset in which you anticipate for your capital to grow, dividends and interest yields. In its simplest form means planting money in the hope of generating extra money. It doesn't involve bank deposits or other similar form of SAVINGS. Investment is required when stating a long-term stance. Most of them involve risks. It can range from extremely safe but low returns to a significantly greater risk but higher returns. What you must do is to diversify your needs.

First, we would recommend you to be definite about how precisely much you can afford to reserve for investment.

Second, you have to be specific about your ability to tolerate risk. In making decisions, you must understand the relationship between risk and return.
If you're a newcomer to investing, allow me to first guide you on how to make your wealth grow:

1. Educate. Gain knowledge to know the investment options you have. Ask banks for financial advice. Get them to show you how to evaluate stocks or understand financial statements. Truly Rich Club is always accessible to assist you on what you need to know.

2. Endure. Be patient for this will not bring forth immediate results. Investments like shares and stocks are expected to supply higher results than deposits in the bank in a long time. In the history of stock market, investments did made favorable returns many have proven its worth.

3. Be Watchful. “Small frequent meals” is the greatest option to invest. You must do it little but regularly monitor development of your funds. Never one time and forget about it. It wouldn't grow and discipline you to set aside habitually.

4. Combine. A farm shouldn't have only one kind of crop. Most crops are seasonal so farmers make it a point that they have types of harvests each month. By doing so, income will be regular. In the same case, you should have a diversified investment in order to reduce the risks and maximize returns or earnings.

5. Crop. Don’t be scared to cut back or snip off investments that don't generate good returns. The capital invested can still be useful to BUY stocks that function properly in the market.

6. Have Courage. There will always be ups and downs in the stock market. This is a natural current and risk is common. Simply go with the flow and study the course of the stream.

7. Take Advantage. Make the most of the compound returns. You may eventually enjoy your income more so when capital gets bigger. Each year when your capital along with your earnings are invested, then returns increases at the same time.

Start Early. Truly Rich Club always claim that the earlier the better. When you start early, then the earlier you are going to enjoy the fruits of your labor. The earlier you can retire as well.

Please visit: http://www.trulyrichclub.ph/2014/01/grow-your-wealth-invest/

Author's Bio: 

New York based founder of Philippine Virtual Assistant Network - Philippines largest community of Filipino Virtual Assistants with more than 13,000 members. He also founded PVAN Academy, VA Internship Program & Web Internship Program, an online learning & personalized mentoring website that caters aspiring virtual professional & web designers to work from home. Likewise Jay is also the Principal of Remote Virtual Assistant Agency, a virtual assistant staffing agency which helps several Filipinos to have a work from home job which currently serves several clients around the globe. As an author, he published Be a Rockstar Virtual Assistant | The Ultimate Guide in Working Online. on amazon.com to help aspiring virtual assistant to work from home Follow him on Twitter, Connect with him on Facebook, Linkedin or visit his personal website www.JayPasana.com