Chimbo shule
25/12/2024
*INVESTING*
Is the process of using money to make more money.
BENEFITS OF INVESTING
1.Compound Growth: it involves your money growth at an accelerating rate over time.
2.Beating inflation: earning from investment ideally exceeds inflation preserving real value of money
3.Passive income: example stocks,dividend pays,rental properties, land etc provides steady stream of passive income.
4.Financial independence: helps to build portfolio that generates income or grow to a size in time.
12/01/2024
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