RE: Small Steps, Big Gains: Starting Your Investment Journey Now

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Investing in assets that generate income or appreciate in value is the ONLY way to become wealthy. One cannot become wealthy by only being employed. The sooner, the better.

I wonder about this though

try to stay away from loans

Often times, loans can be used to purchase income-generating assets like machines for a production plant, computer equipment, etc. I believe using leverage to invest in income-generating assets is smart when the profit is larger than the interest paid on the loan.

hive-167922
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Investing in assets that generate income or appreciate in value is the ONLY way to become wealthy. One cannot become wealthy by only being employed. The sooner, the better.

indeed sir totally agree with you, multiple source are necessary to do achieve that. and we should invest our money wisely.

Often times, loans can be used to purchase income-generating assets like machines for a production plant, computer equipment, etc. I believe using leverage to invest in income-generating assets is smart when the profit is larger than the interest paid on the loan.

that is true too, many of us end up with bad loans and repay the loans for there entire life and that is not a good idea. taking loan and invest it is indeed a good idea.

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