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Is it better to invest or save money?
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Aug 18, 2022 at 17:24
Saving money vs investing? Both can be helpful if you can first clearly state your goals. If you want to grow your wealth over a period of time, do you then invest in everything to get there? The answer is that that may not be very responsible. Do you have risk management in place? Do you desire to see your investment grow over time and then sell later? Or do you simply like the idea of having your money backed by something valuable? Do you desire to "earn" income on your investment, and then reinvest these dividends? Such a practice may take a couple of years before break-even, and ...
Is forex is best source of income?
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Aug 17, 2022 at 21:52
Forex can indeed be very lucrative and yield good income if you first understand the basic makeup of economics. We wouldn't call it an online business though. A business is a legal entity that makes money by offering solutions to a market that demands it. Trading is taking advantage of market movements and/or trends.While it is true that there are certain persons that make large returns on their trading, it is also true that they trade on margin that gives them leverage to do this. If the market goes against them, losses can add up quickly, and lots of hard work may be wiped out. It is in ...
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