The biggest mistake I have seen many people make ...
Many people think investing in equities or mutual funds is like gambling and so they stay away from it.
What they do instead is:
- Keep all their money in their savings account
- Only invest in
Adulting Basics 101 (Finance):
Income
• Active – $ in from active work (salary/wages)
• Passive – $ in with little effort (dividend/rent)
• Portfolio – $ in from investments (stocks/bonds)
• Business – $ in from owning a business (profits)
• Freela
