A lots of people may see that investing is dangerous ,but for a smart people think differently ,No investing is dangerous,remember that Inflation is about 6%,that mean if u do not make your money grow,your money will automatically become less worth after time pass.in simple term ,if u have $1million in 2007 that can buy $1million of items 2007 ,after a year later if u never invest/spend/earn ,u still have $1million that can only buy $0.94Million worth of item in 2007.and remember it is compounding interest effect.
Warren buffet averagely can increase his net worth 20+% a year,that make him the world richest man ,inflation 6%can kill billions of people.
Monday, July 28, 2008
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