Invest in Stocks and Cryptocurrencies
by Omega Publishing House (Author) Format: Kindle Edition
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Understanding the Basics of Investing
The most successful investor of all time, Warren Buffett, has been quoted as saying that investing is “the act of laying out money now in order to receive more money in the future.” Putting money into financial schemes, shares, commercial ventures, or property with the goal of making a profit is the essence of the term “investment.” The key to mastering the art of investing is to find ways to make your money work for you, rather than the other way around. It’s a matter of investing it in the appropriate business and then standing back to watch it expand over time. In all candor, the vast majority of people devote an incredible amount of effort to their job or jobs, and while they may or may not enjoy them, they always put in a lot of effort. This can be done for oneself, for a superior, or even for a corporation, no matter how big or how tiny it is. This sort of income requires working a certain number of hours in order to receive payment, which can be done on a weekly, biweekly, or monthly basis depending on the specifics of the arrangement. This wealth is “earned,” and it requires both your time and effort to build up to this point of financial comfort.
