Investing
A good friend of mine pointed out that he did not necessarily agree with my previous article. He mentioned that “investing”, rather than just saving would be the key to eventual wealth. He is in fact quite correct. However, let me clarify what I meant to by using the word “savng”.
All too often, we get a paycheck and spend. Worst yet, we will use our credit cards to borrow against future earnings. The “saving” I am referring to here is the opposite of spending - In other words, once you make the money, save it! Then, at the point where you have a sum of money, investing comes in. I will talk about my past and future investment choices, namely real estate, in the coming articles.