Investing is essential to making money. You have to invest money to make money. Whatever your motto may be the idea to invest money is larger now more then ever and continues to grow more and more each year The demand for knowledge on how to invest money and what investment ideas make the most sense is in such a high demand today.so in today's world best way to make money is in IT. because in today's world IT is most growing field. And also in IT the technology is growing.so better you invest in that company
The great thing about investing in today's world is that there are many avenues available for people to invest money. The most common known areas to invest money are stocks, bonds, mutual funds, real estate, and e-commerce. Everybody plans to invest money in the stock market and for good reason because the stock market is a great way to make money. Millions of people have made millions of dollars in the stock market. However, millions of people have also lost millions of dollars in the stock market. The stock market is the poster child for high risk, high reward investing. That is why if you plan to invest money in the stock market, it is of great importance that you do your research on any company you have interest in investing in. There are no guarantees with the stock market nor are there any ways of completely knowing if the market is going to crash. That is what makes investing in the stock market a high risk. However, the stock market is the quickest way to make big money. In no other investment can you buy 20,000 shares at $1 per share and in 1 week watch the cost per share go up to $10 and new you have profited $180,000. That is your high reward for investing your money in the stock market.
The stock market may be the most common area people actually invest but real estate is the most common area people WANT to invest. People want to invest in real estate because it is a much safer investment then the stock market and still has the potential to be highly profitable. The reason that real estate is a safer way to invest money is because the real estate market does not fluctuate as often or as extreme as the stock market. Also, the real market typically does not fluctuate down. History has shown that real estate values are usually on the rise, especially in big markets such as California, New York, and Florida. Due to this, over time your investment could be worth hundreds of thousands of dollars. Also, most people have more knowledge about real estate then stocks making them feel more confident about their investment strategies. The reasons more people invest money in stocks rather then real estate is simple; you don't need nearly as much capital to buy stock and more importantly, there is an unlimited amount of stock and only so much real estate.
Another great aspect of investing in today's world is that you don't need large amounts of liquid capital to invest in something. Although, the more money you invest the higher your return will be, assuming the investment makes a profit. If the investment flops then you're lucky you did not have much to invest. However, it is still great to be able to invest money without having much. A great way to invest with little money is through Dividend Reinvestment Plans (DRPS), also know as Drips, and Direct Stock Purchase Plans (DSPS). These plans allow you to buy stock directly from the company without having to deal with brokers and the high commissions they may charge. Most companies that offer these plans allow the investor to invest as low as $20 each time and the investor is not required to purchase a full share each time a contribution is made. While you have to keep great tax records due to the frequent amount of purchases, these plans are a safe way to get involved in investing and make money over time. If those plans are not fitting and you have a few hundred dollars available you can invest in index funds, which usually get an 11% return each year. Either way, these programs are a great way to invest little money with little risk and still be able to see extra income, all while giving you the opportunity to become familiar with the world of investing.
Invest money now spend money later. Investing is essential to making money. You have to invest money to make money. No matter how you put it the pathway to financial freedom is led by investing. You don't have to invest all your money in one area and you don't have to invest all your money. Just invest something somewhere. The age of investing is here to stay. No more will the days of living solely on your paycheck be acceptable. Not unless your paycheck is signed by the New York Yankees.
in the current economic environment, the route to project sign-off is steeper and harder to navigate than ever. But the need for technology investment is still pressing if businesses are to progress, improve efficiencies and cut costs. It has long been accepted that if technology is to add significant advantage to a business, investment will be needed. As the 'blank cheque' approach became commonplace, IT spend became part of everyday business in line with non IT spend-perhaps a contributor to today's technology backlash. Nowadays, it's vital to ensure that the process for justifying technology outlay is met with the same significance as non IT projects. The business case is the key to opening the door to the corporate coffers. It's the litmus test for whether a proposal will deliver returns, or is simply an unnecessary expenditure. Below are the crucial areas that must be addressed in order to make an effective argument for IT investment.
1.0 Why are you doing it?
Define the purpose of the project. That means why you're doing it, who it will benefit, what the end results will be, as well as the success criteria it will be judged against.
2.0 Who are the influencers?
Identify the stakeholders in the project, not just those who look on it positively. For every champion, there will usually be somebody who's not so keen to see the investment go ahead, or feel that it will have a negative impact. Speak to them in their own language, get all their views, Highlight the benefits which will help them achieve their goals. Demonstrating to stakeholders that their own interests will be met could tip the balance in your favour.
3.0 How will you know it's working.
Develop the success criteria. This could be financial impact, pure profit, ROI, increased sales, impact on share price...Any number of factors could back up your case, but all must be taken into account. But be warned intangible factors won't wash unless you can back them up with evidence. Claiming a boost for morale for example, is no help unless it is underpinned by results of a staff survey or industry example.
4.0 How will you get there?
Identify the key steps. What will you have to physically deliver to achieve your goals? Draft a top-level roadmap so executive staff can visualise what's going to happen, and at what point returns will start to be realised. Be careful to get your timing right-introducing a project at the end of a financial year may not he consistent with budget and will hit, rather than boost, profits.
5.0 What will you achieve?
Quantify the benefits. As well as pure financial calculations, talk to everyone possible and judge the impact on their working lives. What impact is it likely to have on productivity? Efficiency? Profit line items? Wages? Sales?
6.0 What will it cost?
Quantify the costs. This doesn't just mean project spend but also ongoing revenue costs. Will there be regular maintenance costs? How much will this be? Has ongoing training been taken into account? What about the cost of introducing new processes? Will more staff be needed to run them?
7.0 Have you done your maths?
Complete the financials. Is the way you've pitched your case consistent with how other investments are justified within the business? The important aspects are presentation, language and metrics. If you can talk to decision-makers in a language they are familiar with then you're more likely to receive a favourable reaction especially in IT, which can still seem impenetrable to non-IT managers.
8.0 How will it support the business?
Relate the investment to your business proposition. Think about how it supports your long-term strategy and business plan, and how it will be perceived by your customers and partners.
9.0 What are the non-financial implications?
Morale, customer perception, brand impact...all are fairly intangible areas which must be addressed. Try to quantify them wherever possible through research, surveys, or collate evidence by talking to companies who have also been through the process.
10.0 What are the risks, and how can they be minimised?
Risks are an inherent part of projects both during and post implementation. They can take the form of delays, overspend, wrong assumptions or predictions. The best business cases highlight potential problems and build contingency and risk monitoring mechanisms to ensure the sturdiness of the proposal.
Remember-sometimes a pilot project is the best way to go, to minimise risk and demonstrate success before making the leap in to a full-scale investment.
