Investing and the family

Investing means deferring the consumption of the fruits of your labour. We put them at the disposal of others  or exchange them for a variety of assets.

In short,  we deprive our family of cash for current purposes.  It does not pose a big problem when the income is high and regular. But the situation is different when we choose to invest in opposition to current consumption or to improving the current living conditions. In this case, this often results in disagreements or even conflicts between the partners. Usually, one of them shows  a greater courage and willingness to invest, while  the other is more careful and security-minded.  Contrary to what may seem, this polarity is a great incentive towards growth focused on investment. Inexperienced investors must educate themselves  if they want to avoid failures. Whether it involves freezing assets or losing them, depriving the family or the partner of common funds will have a negative impact on the relationship. On the other hand, excessive caution should not lead to refraining from any investment whatsoever.

The solution is education combined with reasonable investing. The market currently offers a large number of assets, which are predictable and for which there is a wide range of training. To more determined players, we can recommend mentoring, which is slowly beginning  to conquer the Polish market. In Western countries,  it regarded as the best way to start investing. We are then under the wing of an experienced and already successful investor, and the know-how comes to us  in the context of a particular investment, carried out under the supervision of the mentor.

Active investors should not ignore the concerns of their partners in a relationship. Checking your calculations for the umpteenth time does not do any harm, and it may actually be very useful in the initial period. We also encourage you to talk about money on a regular basis, for unfortunately this is often treated as a taboo subject in Polish families.

We also recommend investor clubs, including the Global Investor Club, the largest in Poland, where you can meet other investors, experts in particular domains, as well  as establish contacts, which will help you at every  stage of your investment.
You should not forget that preparations for investment also include adequate legal solutions, for example  in the form of separate estates. Although many people initially react nervously to this idea, this measure  is aimed at increasing the family’s financial security, and it does not need to reflect on the mutual feelings and trust between the partners. Especially in the case  of people investing in real estate, inheriting an investment by a minor has a negative impact  on his or her liquidity in the period when it is very  much needed.