How does one benefit from investing?
Here are some of the benefits of investing:
- Potential for long-term growth which can help you build wealth over time
- Income generation such as dividend-paying stocks can generate regular income streams
- Assets that appreciate in value over time can help protect against inflation, which erodes the value of cash over time
- Certain investment vehicles offer tax advantages that can help you keep more of your money
- Investment in equities provides you with ownership and control over a portion of a company’s assets and decisions
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