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Saving Money And Investing Money Which One Do You Prefer?
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[QUOTE="Mika, post: 258523, member: 29399"] Investing is better because that's how you build your wealth, no one has become wealthy just by saving money. However, before you can start investing, you need to save money, when you don't save money how would you get funds for investment. Well, you can also invest by borrowing money but this strategy is risky because sometimes you end up paying more interest on your borrowed money compared to the rate of return on your investment. If you don't have money to invest you can also sell your property to invest money. However, this is also risky as you might not be able to build that asset. For the beginner, the best strategy is to start small. For instance, save every penny you can for 12 months, and by the end of one year you will have some funds and you can start investing this money and always compound your investment. [/QUOTE]
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Saving Money And Investing Money Which One Do You Prefer?
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