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Why is investing considered a more powerful tool for building long-term wealth compared to saving?
Investing is considered a more powerful tool for building long-term wealth compared to saving because it allows your money to grow over time through the power of compound interest. When you invest, your money has the potential to earn higher returns than what you would typically earn by simply saving it in a bank account. This can help your wealth grow faster and more significantly over the long term.
What else can I help you with?
What are the types of long term contract?
longterm contract in supplier partnership
Difference between pooling of risk in shortterm and longterm insurance?
terms period
Why dividend rate is higher than interest rate?
because divends are the money given by the companies in which u have invested if the dividends are less than the intrest rates no body will invest in longterm because of having high risk profile in share market one main reason company will gain the profits in larger amount as compared to the intrest rates
How can you get a 10000 dollar student loan without a cosigner and with a low APR?
Main requirements: Excellent credit, longterm steady verifiable employment, and a history of paying your bills on time.
What do aflac agents do?
They sell supplemental insurance to core company medical and dental plans. Can be specific plans for cancer or Accidental Dismemberment and Disability, Short or Longterm Disability as examples.
What are the financial benefits of a fedelity municipal money market?
Investing in a fidelity municipal money market reaps many financial benefits. The longterm benefits greatly outweigh the short term costs as long as you are financially responsible about your decision.
What is the origin of melanoma?
It is cancer of the skin and it can come from longterm overexposure to the sun without sunscreen or people can get it from longterm use of tanning beds.
How do you cope with longterm unemployment?
find a job
What longterm stores energy in humans?
lipids
What longterm ideas are being overthrown?
The cause
What is endplate sclerosis?
what is the longterm affects of endplate sclerosis
The longterm consequnces of the crusades?
An increase in the power of popes..
What do economists mean by longterm?
answer- longer than a year
Is prolonged the same as longterm?
No, not really, but Prolonged is sort of a word to use when someone has a dragging illness or something. Good question. Something that is longterm is permanent but something that is prolonged will go on for a while and eventually stop. EX: the longterm effects of smoking are____. The Prolonged illness went on for 3 years but then it was cured.
Did lucille ball have a longterm affair with Milton berle?
YES
Are Baroreceptors are effective in longterm regulation of blood pressure?
true
Are longterm health risks of menopause more likely to occur after premature menopause?
Premature menopause increases the risk of longterm health risks, osteoporosis and heart disease, associated with menopause.
