We all know just how important it is to invest and to put away money for your future.
Investing is the most powerful way to make your money work hard for you.
If you are working hard for your money then it only makes sense to have your money return the favor.
Unfortunately its this very reason that keeps people from investing and investing aggressively.
Risk is inherent to investing but so is growth.
The fear of losing our hard earned cash is often the reason why we don't invest at all.
While the media loves to report on stock market crashes and the volatility of world markets, smart investors are sitting back and reaping the rewards.
Investing, even at very low risk always pays off.
So, is it possible to invest for growth while still being safe.
Absolutely! Here's how you do it...
It all boils down to asset allocation.
What this means is that you don;t throw all your eggs into one basket.
You diversify your investment so that when the sky starts falling you don't lose everything.
What it does is it allows you to benefit from major runs in the stock market.
The secret is to invest in such a way that you expose yourself to enough opportunity for massive growth while limiting your loss with safer and more conservative investments.
For safe and secure investments I would recommend bonds, mutual funds and money market accounts.
Aim for a return between 10% and 15% on your money.
Historical these have been the most secure investments.
For growth you need to decide how much you are willing to risk.
It really depends on your personality and your current life circumstances.
The stock market is by far the best place to invest for massive growth but you can also add real estate into this mix (real estate can also be used as a safe and secure investment but the strategy is slightly different).
Within the stock market there are different levels of risk and it really depends on your individual strategy.
Penny stocks and stock options can produce massive returns but the risks are pretty big.