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Decoding Investment Risks: A Beginner’s Guide
Risk is the essence of uncertainty. In investments, it encapsulates the potential loss of one’s capital. The greater the uncertainty, the riskier the investment becomes. Understanding this concept is pivotal for investors, as a lack of comprehension can lead to costly errors and missed opportunities. Risk levels vary based on individual risk tolerance. For instance,…
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Start Early, Save Big, Win Bigger!
I have read from many financial experts that compound Interest is one of the fundamentals of wealth building. Some even call it the “Eighth wonder of the world”. Seriously? Some financial topic that is taught in college is considered the “Eighth wonder of the world”? What is it so magic about compound interest that people…