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Stock Market Investing vs. Starting a Business: Which is better for building wealth with 1 Million Naira?
I for a person will go for personal investment. There are so many reasons for my choice. 1. As my personal investment, I'll be more focused and take care of the running of the business 2. Dividend from a stock depends on whether the company made profit for the trading year or not. Even if profit isRead more
I for a person will go for personal investment. There are so many reasons for my choice.
1. As my personal investment, I’ll be more focused and take care of the running of the business
2. Dividend from a stock depends on whether the company made profit for the trading year or not. Even if profit is made, the majority of the shareholders May decide not to issue dividends for the year.
3. Business growth sometimes depends on the rate of turn over. With the illustration given above, we can see the that the growth from the stock is far lower than that of the personal investment and that is the reality.
4. It is normally said that our own is our own while my on is my own. Personal investment is always well nutured and taken care of by the owner unlike a business run by hired managers.
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