It doesn't just mean that you don't have money because you are new to investing. Perhaps you will be the lucky recipient or your little startup will eventually make it big. You could have hit or won a casino jackpot.
Investment is as important to sustaining capital as it is for increasing wealth.
Lots of cash sitting in your bank account is losing value over time due to inflation and the concept of time value of money. Smart investment can help you reduce your tax burden, allocate money to your heirs, and protect yourself from economic uncertainty.
Experts strongly suggest consulting the accountant or financial advisor if you have recently received a large windfall but have little or no investment knowledge. A good planner can help you explore your options and find the right solution for you and your family.
Otherwise, first-time investor errors may cost you hundreds, if not thousands, of dollars.