Table of Contents
What is your investment experience?
If investment experience is defined as the accumulation of investment knowledge or skill that results from direct participation in market events or investment activities, then it can be said that Robert Bender & Associates has spent the past forty plus years gaining invaluable investment experience.
How can investing help you?
Investing helps you beat inflation—through interest earned—ensuring your money’s purchasing power stays strong. Saving is usually reserved for short- and intermediate-term goals, whereas investing is better suited for long-term goals like retirement.
What do you like about investing?
Investing gives you more insight to human behavior than probably any other field. That’s because it’s emotional, it’s personal, it’s political, it’s cultural, and we have insane amounts of data to measure it all.
What is the main goal of investing?
Safety, income, and capital gains are the big three objectives of investing. But there are others that should be kept in mind when they choose investments. Tax Minimization: Some investors pursue tax minimization as a factor in their choices.
Why do you like investing?
In order to build your wealth, you will want to invest your money. Investing allows you to put your money in vehicles that have the potential to earn strong rates of return. If you don’t invest, you are missing out on opportunities to increase your financial worth.
Why invest in experiential purchases?
Experience has emotional longevity. It can be improved in our minds as we continue to grow and progress in life. It stays with us and they are lessons we can use everyday for as long as we live. A Cornell survey found that 83 percent of participants reported mentally revisiting their experiential purchases more often than their material purchases.
Should you invest in experience or possessions?
Possessions can always be bought later on, but experiences can never be duplicated. When you miss out on traveling or a special event, you miss out on all the stories that come with it. Minimize regret and expand your horizons by investing in experience.
How do you live a life of experiences?
If we want to start living a life of experiences, we need to prioritize our financial budgets to accommodate the adventures we’ll undertake. It’s as simple as saving up for a flat-screen TV vs. a trip to South America. Figure out what you actually need in your life, and what will truly serve you in the long-term.
Can experience be relived or improved?
Experience can be relived. Experience has emotional longevity. It can be improved in our minds as we continue to grow and progress in life. It stays with us and they are lessons we can use everyday for as long as we live.