Growing your money is the only incentive and hope on which every investor thrives. Every investment gives returns and dividends. However, is that enough to make your money grow? The investors who have become wealthy because of their investments have a little secret behind it. Read on to know how to grow your money.

If you are bondholder, the profit you earn from the sale of a bond or the interest on the bond attracts Federal Income Tax. Anything that generates income is taxable. However, not all bonds are taxed. Investment and taxation go hand-in-hand. Bond holders may be aware of Form 1099 INT, in which an investor is required to enter the interest accrued from bonds.

Everyone would love it if their money doubled! Especially every investor in the market is out to double their hard-earned money. Doubling your investment is not rocket science. A bit of strategy and planning will increase your chances of doubling your investment in a quick and easy manner. As an investor, patience and perseverance are required to double an investment in a smart way, it cannot happen overnight.

If you have not started investing, remember, it is never too late to start investing. When you are new to the investment world or are just starting out, you must build a solid base of strong investment strategies. This will help you save enough by the time you retire. Building wealth starts with sound financial advice.

A smart investor is one who does things differently than others. However, markets are unpredictable. When the market condition is volatile, a normal investor can panic and liquidate their investments to recover as much as possible. Nevertheless, a smart investor looks for an opportunity in this failing markets. Becoming a smart investor does not require much efforts.

While investing in stock markets is considered the most common form of investment, there are other sources such as money market accounts and certificates of deposits. Your investment is based on your appetite for risk and available liquidity. If your priority is savings, opt for a money market account, but if you have plenty of time and patience, opt for certificate of deposits (CDs), which are ideal for long-term investments.