Corebanc’s Post

Name: How to invest wisely with George Daniel Horatio | Corebanc posted on the topic | LinkedIn
Uploaded: 2024-09-09T16:27:16.736Z
Duration: 2 min 22 s
Channel: Corebanc

Corebanc

150 followers

3mo

Investing wisely starts with understanding your options. In our latest episode of ‘Knowing Your Options - Investment, we break down key investment strategies and provide valuable insights to help you make informed financial decisions. Watch now and take a step towards financial empowerment! George Daniel Horatio shares #FinancialInclusion #InvestmentEducation #COREBANC #EmpowerYourFuture #FinancialLiteracy #InclusiveFinance #Unbanked #InvestmentOpportunities #FinancialFreedom #BankingSolutions #smartinvesting

3 Comments

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Sunflower seeds, basically deferring your consumption of your assets, of your money, that's all. So I have one city today. I feel that I don't want to spend it. I may need it tomorrow. So I put it around my pillow and savings. Ohh, I'd put it in the bank's savings. OK. But where the distinction comes between savings and investment is when by deferring the the consumption of that money, you want to be compensated. OK, Then we call it investment. So investments is in effect keeping some monies away from your spending, hoping that there will be a return. In addition, when is when when the obligation is due for you to spend their money. And then make it I'll speak in English. So let me make it. Let me make it's quite simple for us to understand. So let me use, you know, I mean, let's go Numerica so that it becomes very easy. You have 1000 cities. OK, thousands of these can do so many things for you. We can't use that thousand cities to store your your cupboard and have rise up in do we have a whole lot of things. Nice, nice, pretty items in your cupboard. You can also give your 1000 cities to your beloved to go and blue. We can also give that 1000 series to maybe someone you need. You can also give that houses as an offering that house. This could be used for so many things that will bring some benefits to you, if not economic benefits, even personal benefits to you or be a blessing to someone. But you decide that, OK, I don't want to spend this thousand cities. Why won't I rather give it to a company to make business out of it? Because she decided to do that. There's something in finance called opportunity cost. So because you decided you are not. Going to spend that money, you're going to give it to someone else to spend the the big the beneficiary of that fund, that money would need to pay you something to compensate you for just giving him the opportunity to use that money. OK, so that is what's investment does.

Maccarthy Ofori Raymond

3mo

I'll keep this in mind

Gifty Wumpeni Asore

•Social Media Management •Visual Media •Media •OIADA Ghanaian Amb. •Writer •SRC VicePresident’23@MIG [Ps 3:3] [Is 60:22]

3mo

Very helpful!

1 Reaction

Mohammed Nurudeen Ashraf

Data Scientist

2mo

Options 🔥

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