A Conversation on “Money and Investment” with Successful Businessman Metin Liçis
A Conversation on “Money and Investment” with Successful Businessman Metin Liçis
A Conversation on “Money and Investment” with Successful Businessman Metin Liçis
Arguing that money has been an instrument shaping our lives since its invention, young businessman Metin Liçis stated that we need money even to meet our basic human needs.
Therefore, various ways are sought to make money, such as:
– Establishing our own businesses,
– Working for companies,
– Making investments to evaluate our assets, and so on…
MEtin Liçis explained that, however, when considering whether money works for us or not, this is where investment comes into play.
**Why Invest?**
Investment is fundamentally made for securities (stocks, funds, etc.) to gain value over time. Investment is a way to create wealth for the future by preventing the loss of value of money against inflation.
**Investment Options**
There are many options for making investments:
– Stocks,
– Investment funds,
– and Other assets traded on the stock exchange, and so on.
However, just choosing the sector or stock is not enough when investing. It is also important to determine one’s own investment goals. Factors such as age, income level, and risk tolerance can shape investment goals.
– A **young individual** may consider investing in career goals and tolerate higher risks.
– A **middle-aged person** may make more moderate investments considering family building and future plans.
– An **older individual** may prefer to invest for retirement and choose lower-risk investments.
Metin Liçis emphasized that we should not forget that investment is a tool for future goals and making money work for us.
**The Role of Inflation**
Inflation is the increase in the prices of goods and services we buy. This means the purchasing power of money decreases over time. Inflation can occur due to reasons such as cost increases and demand increases. High inflation is an undesirable situation for both investors and consumers.
**Preserving the Value of Money**
Investment prevents the loss of value of money against inflation. Liçis mentioned that stocks can be a strong tool in the fight against inflation but emphasized the importance of careful investment and evaluating risks.
**Early Retirement**
Investing provides the possibility of earning regular income and obtaining passive income through dividend payments. Liçis added that it can also facilitate using additional income for early retirement in the future.
In conclusion,
Liçis stated that investing is a powerful tool to achieve financial freedom and make money work for us. He emphasized the importance and value of investing when one wants to use money for their life rather than just living to make money.