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In this eye-opening video, financial planner and advisor Sameer Dighe dives into the crucial concept of the "Speed of Money." Learn why merely saving your money isn't sufficient to secure your financial future and how investing wisely can help you stay ahead of inflation and other economic factors.
Sameer illustrates the importance of investment with a compelling example: a person who uses their cash savings to buy a car outright instead of opting for a low-interest loan. Discover why investing that cash in mutual funds and taking a loan with a single-digit interest rate would have been a more financially savvy decision.
In the conclusion, Sameer emphasizes that simply saving money decreases its value over time due to inflation. Only through strategic investments, guided by a knowledgeable financial planner, can you ensure your money grows and works for you.
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10 сен 2024