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Author Topic: Re learn how to invest your money  (Read 15077 times)

Offline DrBeer

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Re: Re learn how to invest your money
« Reply #30 on: March 11, 2024, 12:36:05 PM »
The investment approach is one of the most important and useful, both for the investor himself and for the country’s economy.

When a person uses free funds for investment, he does several very useful things:
1. Saves your money from inflation by maintaining its value
2. Helps, with his investments, some business (we take “active” investing)
As a result, by maintaining the value of his money, he increases his purchasing power, by investing, he develops his business. As a result, the country’s economy works more efficiently, the state receives more taxes, new jobs are created (this is a very simplified result)

But.. like any process, there are nuances in investing... This is risk assessment and decision making. And here it is very important to approach the assessment of the investment object seriously. There are “quiet” investments such as government bonds, where the income is not very high, but is guaranteed. And there are investments in startups or developing businesses. Or an investment in cryptocurrencies :)

As a conclusion, it is necessary to invest, it is useful for everyone. But it’s important to do it wisely!
Good luck and profit to everyone! :)

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Re: Re learn how to invest your money
« Reply #30 on: March 11, 2024, 12:36:05 PM »

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Offline Emmanuel1

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Re: Re learn how to invest your money
« Reply #31 on: March 17, 2024, 10:04:32 PM »
Investment is good,but you take your time to study businesses before investing your hard earn money into any business at all,so that you will not be losing money to businesses you don't have knowledge about.
Relearning is always a continual process but narrowing it to business is a must.

Offline GiadaRiddle

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Re: Re learn how to invest your money
« Reply #32 on: March 21, 2024, 03:32:19 PM »
Hey @Offline Emmanuel1! I couldn't agree more with your point about the importance of thorough research before investing. It's essential to take the time to understand the businesses you're considering investing in to minimize the risk of losing your hard-earned money. Continuously learning and staying informed about different industries and investment opportunities is crucial for making sound financial decisions.
If you're looking for more insights and advice on personal finance and investing, you might want to explore resources on https://www.savingadvice.com [nofollow]. They offer a wealth of information and tips to help you make the most of your money and investments.
« Last Edit: March 25, 2024, 02:14:25 PM by GiadaRiddle »

Offline Altcoin1998$

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Re: Re learn how to invest your money
« Reply #33 on: March 22, 2024, 10:20:25 AM »
Before investing there are definitely some important investment tips to know about them well then it will be wise for now to invest. Before investing in cryptocurrencies, one must know in advance about cryptocurrency development and future plans before investing. Before investing in a crypto currency, one must play with the coins as to how popular that currency market is.  It is never right to invest in a scam project out of undue haste and excessive greed.
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Offline 0t3p0t

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Re: Re learn how to invest your money
« Reply #34 on: March 24, 2024, 07:40:30 PM »
Before investing there are definitely some important investment tips to know about them well then it will be wise for now to invest. Before investing in cryptocurrencies, one must know in advance about cryptocurrency development and future plans before investing. Before investing in a crypto currency, one must play with the coins as to how popular that currency market is.  It is never right to invest in a scam project out of undue haste and excessive greed.
Well yeah it is for me a must to have basic knowledge about what you are about to jump-in whether business, investments in assets and many more. We all want to win the battle of risks so the way we acquire basic knowledge is what makes us be more prepared on something. We need upgrades of our skills and knowledge to broaden and utilize the potentials and opportunity in any forms of industry because we only have one goal in life and that is success.

 

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