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Compounding Is The 8th Wonder Of The World

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Finance With Sharan

Remember piggybanks?

We’d drop our spare change in, watching it grow slowly. But as adults, that piggybank approach isn’t enough to fulfill our dreams and goals!

We need something effective, aka Investing!

While saving is crucial, investing is a much more important part. Think of it as a plant –if you want that plant to grow, you must nurture it with investment.

Most banks offer a 34% return on savings accounts, while inflation is approximately 7%.

So, while your savings might inch up in your bank account, the devilnamed inflation will keep eroding their value.

According to a survey, 78% of Indians will not invest in 2023 due to recession fears and market volatility.

This isn’t a wise decision because longterm planning can easily tackle this volatility.

Investing isn’t just about money; it’s about securing your future, achieving dreams, and attaining financial freedom.

By investing, you harness the power of compound interest and market growth, allowing your wealth to flourish.
So, start your journey from piggybank to portfolio today!

Your future self will thank you for it.
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#financewithsharan #investing #investingtips #investing101 #salary

posted by offevoifshy