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RE: The Importance Of Cash Flow

in #money7 years ago

You know it only takes 10 euro invested per day at 7-8% to grow into a million over 40 years? That doesn't seem so out of reach. Start at age 25, save 10 per day, have a million. That's just 300 per month!

Of course, save and invest MORE than 10 a day and now we are cooking!

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My first problem, getting 300 per month to invest, i'm still a student so i don't have money for that, hopefully i can get some money out of Steemit in a couple of months...
But yeah, 100% agree with you, it's a shame ppl don't like to invest, they hear all this scary stories about the market crashing... well if the market crashes then the only thing it means is black friday on the stock market

As long as it isn't a "falling knife" situation

Doing some research before buying a stock goes a long way in avoiding a "falling knife" situation
PS- had to google "falling knife", i had never seen that expression before