Vik (vikceo)

Vik

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If you want to make a lot of wealth then be happy for the market to go down for the next 5-10 years. Just continue to make sound regular investments. If the market continues to go up then you will be buyinng higher and higher every month causing your dollar cost averaging to be going up rather down. #growth

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Use your bonus money to boost your investments rather boosting sales for Louis Vuitton

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Started a new channel called financialfreedom . Please join if you are interested in achieving financial freedom

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Good debt vs bad debt If the debt is taken to generate income in the short or long term then it is a good debt. If it is to reduce your savings then it is a bad debt. For example buying a rental property is a good debt but buying a luxury car is a bad debt. Avoid bad debt

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Be able to track every single dollar you are spending is an absolutely essential step towards financial freedom. Only people who are in debt need to do it is a myth.

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