The game of money - Deepstash

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The game of money

28 STASHED IDEAS

3. Scaling Faster

You’ve likely heard the expression,“Wealth begets wealth.” Essentially, higher amounts of money and income will attract more money and ROI. Having multiple sources of income will allow you to invest a greater proportion in both your primary company and other new sources of income. In short, you will likely be able to scale faster because it is a virtuous cycle.

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Keep Cash On Hand

To ensure security, always keep cash or cash equivalent reserves available.

Businesses and individuals may desire to put liquid cash to work through investments. When bills are due, only cash is legal tender. Be sure to have it on hand.

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Everything Has Its Price Tag

Why do so many people who are willing to pay the price of cars, houses, food and vacations try so hard to avoid paying price of good investment?

The answer is simple: the price of investing success is not immediately obvious.Its not a price tag you can see, so when bill comes due it feel like fine not fee. That's why people not succeed in investing.

In order to succeed in investing start seeing the investment due or decline as fee not fine.

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