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Invest for the Long Term

Don’t Forget the Golden Rule: Save for the Short-Term. Invest for the Long-Term.

 

Before delving deep into this topic, let’s first understand the difference between the two.

 

As per my experience, I understand that a lot of people get confused between terms, Savings and Investing.

 

Saving is when you keep your money aside in a non-risky financial product in order to use it for short-term goals such as buying a beautiful wrist watch in 6 months.

Investing is when you keep your money in a risky financial product and aim to grow your money in the long-term.

 

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Are You Ready To Retire Rich?

Are You Ready To Retire Rich?

 

Well, talking about retirement is still a taboo among youngsters. The moment they come across the word “Retirement”, they start reacting weirdly as if they have been asked to submit their property papers. For them, imagining about retirement is boredom. They perceive retirement planning as the most tiring part of their life.

 

One fine evening, while on my way back home, I was having a casual conversation with my workmate about our financial conditions.

 

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