Why You Need To Start Investing.

First of all, I personally believe that Financial Freedom can be achieved through Investment. So here  is what Loonie going to talk about:- 

WHAT IS UNIT TRUST.
Apart from equities and stocks, a popular form of investment is unit trusts.

Unit Trust, is an investment that allows investors with similar objectives to pool their money together to be invested in a single portfolio of securities.

In simple term for this, as an individual investor, unless you are an accredited investor (or a high net worth individual), you may not have sufficient capital to invest directly in the stock market and to have a balanced portfolio.

WHY YOU NEED TO INVEST IN THE FIRST PLACE.
So where do you usually save your money? Most probably you will save your money in saving/current accounts or maybe fixed deposits. And do you know, how much is the interest rates for savings/current account and fixed deposits? The interest rate for saving/current account is range from 0.10% to 1.51% per annum and for fixed deposit the interest rate is from 2.75% to 3.00% per annum. Well if you think 3% is enough, think again, with inflation rate average at 3% what is your actual effective rate of return? Possibly 0% to negative.

With savings, one puts money aside without risk and earns interest on savings. With investing, there is potential for one's money to grow faster, but the returns are not guaranteed.