The Oceania Times

Top Menu

  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Main Menu

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

logo

The Oceania Times

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • Buffett Goes on Buying Spree as Stock Market Reels

  • Further Expansion of Commodities and Shipping Industry Group with New Singapore Partner

  • Australia Stocks end tad higher

  • King and Landers-Murphy squash gold ends NZ’s campaign on a high

  • Canopy Growth Stock Recovers from Earnings Miss; Shares Up 15%

Investment
Home›Investment›7 Surefire Investments You’ll Thank Yourself for Later | Business News

7 Surefire Investments You’ll Thank Yourself for Later | Business News

By Megan
May 28, 2022
13
0
Share:

The Cambridge Dictionary defines “investment” as “the act of putting money, effort, time, etc. into something to make a profit or get an advantage, or the money, effort, time, etc. used to do this.” This seems like a better definition than those that only reference money, as there are certainly other kinds of investments. Time invested in your children can pay off very well, for example.

Here are seven kinds of investments likely to pay off very well for anyone who makes them. See which one(s) you want to start (or continue) making.

Image source: Getty Images.

1. Health

Yup — your health. It’s one of the most important things for each of us, and neglecting it — which is very easy to do when we’re busy and stressed out — can have terrible consequences. On the flip side, tending to our health, such as by eating nutritiously and exercising, can pay off handsomely.

Good health can lead to a longer life, and perhaps one less riddled with pain and other problems. That can mean a happier life. There’s also a financial angle: The healthier you are, the less you might end up spending on healthcare over your life.

2. Debt reduction

Next, invest some money in paying down any high-interest-rate debt, such as debt from credit cards, which often charge people 20% or even 25% or more annually. If you’re carrying, say, $30,000 in debt and being charged 20%, you’re forfeiting around $6,000 to interest payments every year. Lower-interest-rate debt, such as that for mortgages or buying a car, is not as problematic.

3. Knowledge

Here’s another vital investment you can make in yourself: Spend a lot of time reading and learning. It doesn’t have to all be about finance, either. Within the financial world, though, consider reading articles and books on great investors and great companies. You can learn about profitable investing strategies from the former and how to spot promising investments from the latter.

4. Index funds

When it comes to actually investing money, relatively few people will do better than those who just keep plunking dollars into one or more low-fee broad-market index funds, such as ones that track the S&P 500. Do so and you’ll quickly have a stake in 500 of America’s biggest companies, and you’ll earn returns close to those of the overall stock market.

The stock market has averaged annual gains of roughly 10% over long periods. You might earn more or less than that, though, depending on your particular investing period. Here’s what you might accomplish if you invest diligently over time and earn an 8% return, on average:

Growing at 8% for

$10,000 invested annually

$15,000 invested annually

$20,000 invested annually

5 years

$63,359

$95,039

$126,718

10 years

$156,455

$234,683

$312,910

15 years

$293,243

$439,865

$586,486

20 years

$494,229

$741,344

$988,458

25 years

$789,544

$1,184,316

$1,579,088

30 years

$1,223,459

$1,835,189

$2,446,918

Data source: Calculations by author.

5. Dividend stocks

You might add some dividend-paying stocks to your portfolio, too, as they can perform well over time — and most will keep paying you even when the economy slumps. Take a moment to appreciate just what they do, too: They will regularly have extra cash deposited in your investment account. Have a portfolio worth, say, $300,000, with an overall dividend yield of, say, 3%? That means about $9,000 will just appear in your account over each year. Better still, healthy and growing dividend payers will increase their payouts over time, too — so that $9,000 may become $12,000 in some years, and $15,000 some years later.

Note that many index funds will also pay dividends, if the stocks they hold do so. The SPDR S&P 500 ETF (NYSEMKT: SPY), for example, recently yielded 1.4%.

6. Growth stocks

To aim for a steeper growth rate than that offered by the overall stock market, consider adding some growth stocks to your mix. They belong to companies growing at faster-than-average rates, and many hold the potential to deliver big double-digit gains over many years. (Not all growth stocks will succeed, though — so consider following The Motley Fool’s investing philosophy, which suggests owning 25 or more stocks, aiming to hold them for at least five years. That can give even overvalued stocks a reasonable chance to grow — or to fall and then recover.

7. Memories

Finally, don’t spend all your time on work and trying to better yourself. Take time to enjoy pastimes you love, and make time for your loved ones. Creating memories with friends and family members is a great investment, too.

Be a well-rounded investor — investing in yourself, in your health, in others, and in the stock market. That can make for a rich and satisfying life.

10 stocks we like better than Walmart

When our award-winning analyst team has an investing tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

They just revealed what they believe are the ten best stocks for investors to buy right now… and Walmart wasn’t one of them! That’s right — they think these 10 stocks are even better buys.

See the 10 stocks

Stock Advisor returns as of 2/14/21

Selena Maranjian has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Source link

Tagsdccmotley-foolPersonal financewire
Previous Article

Live Events Reinsurance Scheme supports over £400 ...

Next Article

China inks deal on economic technologies with ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Megan

Related articles More from author

  • Financial Market

    The Bear Market Has Brought ‘Fear and Uncertainty’ for Gen-Z. How They’re Coping.

    July 24, 2022
    By Megan
  • Investment

    18% of Americans plan to increase stock market investments this year

    May 23, 2022
    By Megan
  • Financial Market

    Why Retirees Should Worry More About Longevity and Less About the Markets

    July 16, 2022
    By Megan
  • Investment

    Suze Orman says to do this right now if you’re worried about inflation

    June 10, 2022
    By Megan
  • Brokers

    5 markets where home sales are cooling fastest

    July 15, 2022
    By Megan
  • Stock Shares

    How Corn and Soybeans Affect These 3 Biodiesel Stock Plays

    July 9, 2022
    By Megan

Leave a reply Cancel reply

You may interested

  • Brokers

    National Bank Financial Brokers Boost Earnings Estimates for Home Capital Group Inc. (TSE:HCG)

  • Stock Shares

    Michael Jackson Buys 2,000 Shares of Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) Stock

  • Financial Market

    Inventiva : Reports 2022 First-Half Financial Informationˆ – Form 6-K

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • August 8, 2022

    Buffett Goes on Buying Spree as Stock Market Reels

  • August 8, 2022

    Further Expansion of Commodities and Shipping Industry Group with New Singapore Partner

  • August 8, 2022

    Australia Stocks end tad higher

  • August 8, 2022

    King and Landers-Murphy squash gold ends NZ’s campaign on a high

  • August 8, 2022

    Canopy Growth Stock Recovers from Earnings Miss; Shares Up 15%

Best Reviews

Latest News

Stock Shares

Buffett Goes on Buying Spree as Stock Market Reels

Warren Buffett went bargain hunting with both fists in the second quarter, scooping up billions of dollars worth of equities amid the broader market’s steep selloff. Berkshire Hathaway (BRK.B, $292.07) ...
  • Further Expansion of Commodities and Shipping Industry Group with New Singapore Partner

    By Megan
    August 8, 2022
  • Australia Stocks end tad higher

    By Megan
    August 8, 2022
  • King and Landers-Murphy squash gold ends NZ’s campaign on a high

    By Megan
    August 8, 2022
  • Canopy Growth Stock Recovers from Earnings Miss; Shares Up 15%

    By Megan
    August 8, 2022
  • Recent

  • Popular

  • Comments

  • Buffett Goes on Buying Spree as Stock Market Reels

    By Megan
    August 8, 2022
  • Further Expansion of Commodities and Shipping Industry Group with New Singapore Partner

    By Megan
    August 8, 2022
  • Australia Stocks end tad higher

    By Megan
    August 8, 2022
  • King and Landers-Murphy squash gold ends NZ’s campaign on a high

    By Megan
    August 8, 2022
  • Buffett Goes on Buying Spree as Stock Market Reels

    By Megan
    August 8, 2022
  • Australian economy survived Covid better than most but recovery could slow, OECD says | Australian ...

    By Megan
    September 14, 2021
  • The Best Online Brokers, According to 5 Financial Experts

    By Megan
    September 14, 2021
  • Is Disaster Looming for Australia’s Economy?

    By Megan
    September 29, 2021

Trending News

  • Stock Shares

    Buffett Goes on Buying Spree as Stock Market Reels

    Warren Buffett went bargain hunting with both fists in the second quarter, scooping up billions of dollars worth of equities amid the broader market’s steep selloff. Berkshire Hathaway (BRK.B, $292.07) ...
  • Commodities

    Further Expansion of Commodities and Shipping Industry Group with New Singapore Partner

    Squire Patton Boggs is pleased to announce the appointment of Joel Cockerell as a partner in the firm’s Singapore office and Commodities and Shipping Industry Group. Mr. Cockerell joins from ...
  • Australian Economy

    Australia Stocks end tad higher

    Australia share market finished session marginally higher on Monday, 08 August 2022, supported by strength in mining and energy stocks. However, market gains were limited on caution ...
  • Gold and Precious Metals

    King and Landers-Murphy squash gold ends NZ’s campaign on a high

    Joelle King has finished her quest for redemption, taking gold in the women’s doubles final alongside Amanda Landers-Murphy. Coll and King took down England in a fierce final 2-0 [11-8, ...
  • Stock Shares

    Canopy Growth Stock Recovers from Earnings Miss; Shares Up 15%

    Canopy Growth Corporation (TSE: WEED) (NASDAQ: CGC) reported disappointing results for its first quarter of Fiscal 2023. Consequently, shares of the stock were down 5.1% on August 5, as investors ...
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© Copyright The Oceania Times. All rights reserved.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.