History of Investments.

29/04/2023

Table of content:

Past Investments...

About more affordable investitions?

Investing isn't a magic bullet to become rich overnight.

Past Investments...

                                                                         Today we talk a little about past investments.                                                                                                                                            In order to understand how to make the right decisions today, we need to understand what happened in the past.                                                                  Investments have existed for thousands of years. In ancient times, people invested in gold and other precious metals to protect their savings.                                                                                                During the Renaissance, the first companies appeared and people could invest in shares.                                                                                                                                        In the 19th century, the first bonds and mutual funds were issued, paving the way for more affordable investments for the general public.                                                                                                              Throughout history, there have been periods of economic boom, such as after the Second World War, when investing in stocks and bonds led to a significant increase in their value.                                                                                                                      But there have also been periods of economic decline, such as the Great Depression of the 1930s and the financial crisis of 2008. Today, investments are much more diverse. You can invest in cryptocurrencies, real estate, the stock market or businesses.                                                                                                      

There's also a wide range of financial instruments available, from stocks and bonds to mutual funds and ETFs. It's important to understand that investing isn't a magic bullet to become rich overnight.                                                                                                                                            Good investments require research, planning and risk. But in general, investing is a great way to protect your savings from inflation and increase your net worth over the long term. 

Summary:

Most investing history books start in Europe in the 16th century. However, we like to start way earlier. We believe the history of investing can be traced back to the famous Code of Hammurabi, written around 1700 BCE. That code provided the framework for a lot of civilization's most crucial laws.

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