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How You Can Grow Your Wealth Even When You Are An Absolute Beginner
By Dr Wealth  •  January 25, 2022
A close friend of mine recently asked for the best option to invest some spare cash that she has just sitting around in her bank account, drawing miserly interest rates. As someone without any business or finance background, she preferred conservative and low-risk products, and was happy to consider investments with low potential returns of 3% per annum. As an absolute beginner, my friend was not comfortable with investing her money actively via the stock markets or other active investments. However, she is also fully aware that keeping cash in saving accounts will simply erode their value over time, especially with the rising global inflation rates. I see this as a very common problem faced by many young adults – we know the importance of financial literacy, yet why is this not a key priority for so many of us? Obstacles we face in managing our own personal investments 1) Limited Time and Energy – Prioritising families and careers...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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