Research and writing: The Importance of Investing Early
Purpose: To express the importance of investing and by how not doing so would be a mistake.
Thesis: There are many benefits to investing early and it is not as hard as it may seem.
· Introduction
· Thesis statement
· Quick overview of the importance of investing
· Summary of the paper's structure
· Negative consequences of not investing
· Failure to be prepared for emergencies
· Could lead to taking out loans
· Falling deeper into debt
· Not being prepared for retirement
· Having to continue working past retirement age
· Causing furth problems to include health
· Living check to check
· Creating stress for self and family
· No wiggle room for holidays
· Counterarguments
· Investing requires money
· A good budget will help free up some cash to invest
· Too late to start
· The earlier the better but it is never too late to start
· Seem to difficult to invest
· Research and education
· Commitment and consitency is key
· Compounding Investments
· Identifying needs vs wants
· Getting started
· management of funds
· Education and professional assitance
· Education
· Budgeting
· CPA
· Trial and error
· Set up an investing account
· Utilize professional help
· Conclusion
· Briefly summarize key findings and analysis
· Strengthen thesis statement