Securities & Investnents
By michreist, Updated
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Hey Sam, i heard you needed to learn about savings and investments
I'm interested in it. I can't seem to save money wisely.
savings accounts are your short term and let you be prepared for the emergency's that life may throw at you
what are cd's and money markets then?
Money markets are another thing you can park your money in, a cd is a way that you can permanently store money in without the bank trying to make money off of your money.
that covers savings but what about investments
Investments can be in businesses, stocks or in products that need money to get reach a larger scale
Well how long could that take?
but the stock market can be dangerous right
they could take up to twenty five years but can yield extremely large profits that are largely due to the time elapsed.
so where do i start?
it can be dangerous if you don't do your research on the company, that cna equal out to massive losses
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