The Importance of Investing | Teen Ink

The Importance of Investing

December 4, 2022
By Anonymous

It was once famously said, "It is not about having lots of it's  knowing how to manage it"

Investments are an excellent means  of achieving not just financial growth but also intellectual growth. 

Although investments may seem like a method of making a tremendous passive income, one must remember the many caveats and details of investing before making a huge commitment. 

 


Investments are a key component of finance , the financial crisis of 2008 gave detailed insights into this topic , there was a housing boom and everybody started buying houses and lenders offered loans to people with very low credit scores , not only this , but there was an impact worldwide , millions lost their jobs and businesses began to fall it was like another Great Depression. 

 


Therefore , keeping due care of what we invest our money in is an extremely vital step. 



Similar Articles

JOIN THE DISCUSSION

This article has 0 comments.