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Does 50% YTD in December 31 means 50% Return On Investment if invested from January 01?
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See lessStock Market Investing vs. Starting a Business: Which is better for building wealth with 1 Million Naira?
You cannot become wealthy by active income. You become wealthy by passive income. You have the two most precious assets in life - both time and money. The business is active income. Forget time. Forget wealth. He is thinking short term. Extend the number of years of the stock to 30 - 50 years for yoRead more
You cannot become wealthy by active income. You become wealthy by passive income. You have the two most precious assets in life – both time and money. The business is active income. Forget time. Forget wealth.
He is thinking short term. Extend the number of years of the stock to 30 – 50 years for yourself or for your children. Come and ask the business man, how far, how market?
The harsh economy will eat up the business whereas the stock is appreciating, compounding and gaining value.
It’s a Geometric income (multiplication) without effort that makes wealth, not arithmetic income with effort (plus and minus)
You can start a business to make short term active income to survive short term but don’t forget long term passive income that will appreciate, compound and bring wealth
See lessWhich bank or financial institution or Fintech does compounding fixed deposit?
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