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"If you don't find a way to make money while you sleep, you will work until you die." - Warren Buffet
Investing is the act of allocating resources, usually money, with the expectation of generating an income or profit. You can invest in endeavors, such as using money to start a business, or in assets, such as purchasing real estate in hopes of reselling it later at a higher price. For an economy as a whole to invest, total production must exceed total consumption. Throughout the history of capitalism, investment has been primarily the function of private business
Many of us are taught from a young age that saving is the most direct path to building wealth and achieving financial freedom. But this is a myth. While saving is key in the pursuit of both goals, making smart investments with your money makes them much more attainable. If you make smart decisions and invest in the right places, you can reduce the risk factor, increase the reward factor, and generate meaningful returns.
In this episode, we're gonna talk about smart investing, from its definition, benefits and risks, why you should start investing, how to be smart at investing, and my personal take on this topic. If you want to learn about smart investing then find out in this episode of Fresh Break.
Host : Garyl Geraldine (TI'19)
Design : Garyl Geraldine (TI'19) & Elvira Okta Nurisa (MR'18)