Proper Investment .

in #investment7 years ago

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YOU HAVE 2 OPTIONS.
It's either u store your money in the bank for safekeeping while the bank invest with your money and make profit unknown to you.
OR
You invest some part of your money in business to make profit for yourself.
Do you really think your money in your bank account is resting there doing NOTHING???? I guess most of you don't really know what is happening to your money behind close doors.
The bank is making serious profit with your money and guess what, they still won't share the profits with you because you are not even aware that they are investing with your money.
Dem say na eye wey see business dey get his own share.
Why don't you knowingly invest some part of your money into business and make profit for yourself instead of just keeping all in the bank.

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Forgive me if i'm wrong, but is it not the case that the interest rate you receive from putting your money in a bank account is basically your share of the profit that they make from investing it?

Other than that, i agree with the sentiment - if you have time and enough capital, invest it yourself. If not, put it in the bank and they'll invest it for you, and take some of the proceeds - you'll get a smaller return but considering you did literally none of the work, seems like quite a good deal to me. :)