Knowledge is power when investing – start gathering an understanding of what investments you want to become involved with at an early age, because becoming an expert will take time.
Consider the following – risk, how long, return versus growth, leverage, diversification, tax and inflation.
Debt reduction is a type of investment because when you reduce debt, you save the interest that you would normally pay on the loan. The investment return is equal to the interest that you save.
Always run the numbers before you invest in anything – aminimum of 3 options.
Destiny is not a matter of chance; it is a matter of choice!
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