How To Get Started Investing & Accumulate Wealth Faster Even If You Are Starting With Little Money And Getting A Late Start

 

Since you are searching for “how to get started investing”, I’m assuming you understand the importance of investing… but just haven’t gotten started yet.

The truth is, you probably should have started investing years ago (possibly decades ago). But that’s OK, because there is no time like the present.

I do want to warn you right from the start…

 

 

Look, I’m not going to lie to you. Any kind of investing is better than no investing. But if you want potentially life-changing wealth, you’ll need to do things differently than what is commonly recommended.

I did some quick research and here are the most common searches:

How to get started investing…

… in stocks
… in penny stocks
… in mutual funds
… in index funds
… in real estate
… in rental properties.

Most of these investing opportunities are very difficult to learn, extremely costly to get started or won’t produce the kinds of gains you need if you’re getting started late. It’s no wonder why you haven’t started investing yet.

However, if you are interested in investing your extra money to reach financial security in the time you have… you are in the right place.

Please read this page from top to bottom.

Later you can use the Table Of Contents and Related Information to go back to the specific section you are interested in exploring in more detail. But for now, just read everything through once.

Just like everything else on this site, this is the information I wish someone would have shared with me when I got started investing.

 

Why You Need To Get
Started Investing NOW… Not Later

So far, I’ve been throwing the word “investing” around without really defining it. So, let’s define investing now…

Investing is the act of allocating resources, usually money, with the expectation of generating an income or profit. – investopedia.com

Basically, investing is when you put your money to work to make more money.

This is really smart when you think about it. Working hard and saving more has limitations.

• There are only so many hours in a day you can work.
• You can only save so much and still live a fulfilling life.

But with investing there are no limits.

 

 

But there is another big reason you should start investing now, not later.

Inflation.

Put simply, inflation is the rate at which the cost of goods and services rises over time. It could also be thought of as a reduction in the value of a dollar, because consumers are now able to purchase less than they previously could with the same dollar bill. – businessnewsdaily.com

This explains why you don’t want to save your money by burying it in the backyard. By the time you dig it up again… it is worth less than when you buried it.

Simply saving money through hard work and discipline is undermined by inflation.

But by investing you can achieve two wonderful things:

1. By beating inflation, your future money maintains its value.
2. And the money you put to work creates MORE money.

So basically, your money doesn’t lose value, and you have MORE of it. That’s a win-win situation. That is why you need to get started investing as soon as possible.

On your second read through, go to this lesson:

 

---

Compound Interest:
The Investors Best Friend

 

Our goal is to make as much money as possible from our investments over time. And one of the ways we can accomplish this is by harvesting the power of compound interest.

Compound interest – meaning that the interest you earn each year is added to your principal, so that the balance doesn’t merely grow, it grows at an increasing rate – is one of the most useful concepts in finance. – moneychimp.com

Here is how compound interest works…

Let’s say you invest $1,000 and get a 10% yearly return on your investment. That would be $100 profit at the end of the year.

The next year starts with $1,100. So the same 10% return is now $110 in profit.

Same return on your investment, but MORE profits.

Here is an example of the power of compound interest over the long term…

Let’s use the same example as above, but over 30 years:

 

 

 

If you would have taken your $100 profit out every year you would have made $3,000. But with the power of compound interest… you made $16,449 instead.

That is the power of compound interest. And as you can see, over time, compound interest can skyrocket your profits. (This is another reason you should get started investing as soon as possible).

But what happens if you get a late start and don’t have 30 years? That’s the problem with compound interest. In order to take advantage of its immense power… you need time.

 

 

---

How To Get Started Investing To Build The Wealth You Need In The Time You Have

By the time I got really excited about investing and the power of compound interest, I was in my 40’s. And when I researched investment opportunities I was not impressed with what I saw.

Here is what I found…

 

 

 

 

 

And as I calculated my possible returns with these common investment methods… I became very discouraged.

• I didn’t have a lot of money to invest.
• And I didn’t have 40 years to wait.

Sadly, it was too late for these types of investments to add up to much… even with compound interest. I needed to be able to do in 10-20 years what other investors do in 30-40 years.

But I knew investing and compound interest was the key to accumulating the kind of wealth I wanted.

So, I didn’t give up.

I looked for alternative ways to put my money to work to make more money.

And after years of research, trial and error and analysis, I finally figured out how to build the wealth I needed with the time I had.  This was my Wealth Plan Blast Off.

 

 

---

Trading The Forex Market –
My “Wealth Building Engine”

You may not think of the Forex Market as an investment opportunity. I didn’t either at first, to my detriment.

But after a couple of epiphanies and a fundamental shift in my thinking I was able to strategically design a profitable way of trading.

And to my pleasant surprise, I could annihilate the returns of other investment opportunities.

https://www.putmoneytowork.com

Now we are talking.

As you can see, on average, simple Forex trading can outperform the S&P 500 investment benchmark sometimes by 2 or 3 times.

But what about if we combine these return rates with the power of compounding?

https://www.putmoneytowork.com

With the potential for higher than average profits and the power of compounding I could accumulate wealth faster and reach my wealth goals in the time I have.

The more I looked at this way of trading, the better I liked it. Even with a small initial investment, I had the power to make more money than other investments.

What is even more impressive is I do all this in just minutes a day.

It is no wonder Forex trading is the “Wealth Building Engine” of my lifelong financial security plan. And what’s even better… you can copy what I’m doing.

Or, if you are the more do-it-yourself type person…

When I realized the potential of taking an active role in investing and alternative ways of doing so, I looked for other things I could do.

 

---

Investing In Bitcoin
(And Other Cryptocurrencies) –
My “If-Then Fund”

Bitcoin, and Cryptocurrency in general, is a relatively new development. And I have to admit, I didn’t even explore this in the beginning.

• I didn’t buy 1 Bitcoin when it cost $10
• And I didn’t sell my Bitcoin when the price hit $20,000

Of course, I wish I did. But unfortunately, I didn’t.

But just because I missed out on this initial profit potential does not mean I want to sit on the sidelines forever.

• Some people predict Bitcoin will eventually crash and burn.
• Others think it will rise to $1,000,000 a Bitcoin.

The truth is, nobody knows. I certainly don’t know.

But here is what I DO know…

 

 

And even more importantly…

 

 

I consider Bitcoin to be my “If-Then Fund”. I don’t really know what is going to happen in the future. But if something big does happen with Bitcoin, I don’t want to be sitting on the sidelines.

I don’t want to miss out like I did in the past.

Getting involved with Bitcoin can be as simple as buying some and holding it to see what the future brings.

Or, you could take a more active role and GROW your Bitcoin holdings so if Bitcoin does increase in value in the future… you’ll have MORE of it.

Either way, I’ll teach you how.  And keep in mind, Bitcoin is only ONE of the Cryptocurrencies available.

 

---

Crypto Trading – Explosive Growth Potential 

Not only can you invest in Bitcoin and other Cryptocurrencies like discussed above, but you can actually trade the Crypto market for both explosive growth of fiat money AND Cryptocurrency.

I’m specifically talking about trading the BTCUSD & ETHUSD currency pairs at a Forex broker that offers the trading of Cryptocurrencies. These are great currency pairs to trade because they frequently have large moves where we can earn MULTIPLE TIMES our risk.

If you fund your trading account with USD, EURO, etc. your profits are in that fiat currency. And the profit potential is extraordinary.

Some brokers allow you to fund your trading account in Bitcoin or Ethereum… meaning your profits are in Bitcoin or Ethereum. This is a great way to GROW your Bitcoin or Ethereum holdings.

And of course, if Bitcoin’s and Ethereum’s price continue to rise… you’ll have more of it, and therefore even MORE profit.

Crypto trading, trading the BTCUSD & ETHUSD currency pairs, has the most profit potential of all my wealth creation activities.

If you are worried about getting into this relatively new market, don’t be. I’ll show you exactly how I do it.

 

 

You definitely don’t want to be sitting on the sidelines of this profit powerhouse market.

Let’s bring this to a close…

---

The Life Changing Power Of Investing

If you want the peace of mind that comes with financial security, you need to start investing. Working harder and saving more simply won’t get you there, regardless of the size of your paycheck.

“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.” – Dave Ramsey

So, how do you get started investing?

Simple. Take your extra money and do something with it that makes more money.

But if you want the highest profit potential, and especially if you are getting a late start, you’ll have to start thinking outside the box.

“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” – Robert G. Allen

I’ve identified ways to build the wealth I need in the time I have:

• I use strategic Forex trading as my “Wealth Building Engine”.
• Crypto investing and trading is my “If-Then Fund” – IF Bitcoin and Ethereum increase in value, THEN I want more of it.

Since you’ve probably not seen a wealth building plan like this before, it might make you nervous. And that’s good. Because being uncomfortable might just mean you are on to something.

“In investing, what is comfortable is rarely profitable.” – Robert Arnott

The point is… you need to be investing. It is just the smart thing to do. It could literally change your life.

So, here is what you need to do if you want to get started investing like I do (and build the wealth you need in the time you have)…

To Your Wealth,
Edward Lomax