What is Financial Literacy Ft. Sayali Rai
The Habit Coach with Ashdin Doctor
00:00
How Much Time Do You Have to Invest?
Risk is a lot to do with time and understanding. Once you understand it, you need to also understand that the stock market requires a long term investment. If you don't have that kind of time, stay away from it. So what would you invest in for a short term? Oh, lots of things. There are debt products. You can even leave it in a small amount, very small amount. Leave it in a high yielding savings account. Lots of banks have come up with this thing where they give you a higher interest rate if you open a new bank account with them.
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