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What is the right vs wrong way of saving

Posted by Arthur Peter on

What is the right vs wrong way of saving

What is the right vs wrong way of saving

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Why Saving your money is the most stupid investment you can make

Posted by Arthur Peter on

Why Saving your money is the most stupid investment you can make

Why Saving your money is the most stupid investment you can make Many people have been taught by their parents to safe their money and put it on a bank account.1. So you will have some money for retirement2. Bank is safeLet me show you some facts … Why is this a big lie?Let's say you get 1% per year on your bank account. Where I am that is very high with the current rates. How much is inflation every year?Some countries have 2-3% per year .. that is considered very low .. Now I am not a mathematician .....

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Pension Disappears by 2023

Posted by Arthur Peter on

Pension Disappears by 2023

Pension Disappears by 2023 Of course I don't know the exact date when pension will disappear, but almost one thing is for sure .. pension as it exist today will disappear.Let me show you some facts …  In Short what does this mean?It means that every person need to prepare for their own pension. If you want to retire and have enough income to live on while you retire .. you have to start saving some of your income now and start investing it .. so by the time you are 65 years old .. you can generate enough income...

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Basic Introduction to Investing PART 2

Posted by Arthur Peter on

Basic Introduction to Investing PART 2

Basic Introduction to Investing PART 2

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Basics of Investing Part 1

Posted by Arthur Peter on

Basics of Investing Part 1

Basics of Investing Part 1

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FIXED DEPOSIT - 10% annual interest

Posted by Arthur Peter on

FIXED DEPOSIT - 10% annual interest

A fixed deposit account is an investment account and a type of savings account in which money is deposited for an agreed period of time (Minimum 3 years) and a fixed interest rate is paid at the end of every year unless otherwise agreed. It is a safer investment option when compared to other investment types such as shares or the money market.Interest paid on a fixed deposit is paid either monthly, quarterly or yearly according to the investor's choice.Once you decide to withdraw money from your Fixed Deposit and give us a notice of at least 3 months, we...

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