Buying your dreamed home now!
The advantage of an online store of your own is freedom. Your store will look whatever you want it to be. You can list as many products as you like. The disadvantage is you have to spend time to design your site and get traffic. That means you have to be good at marketing.
You are right. But why can't you borrow more money? Borrowing money is an art. If you can borrow 1 billion. You can really make a living by borrowing money then returning it. There are a lot to play with the APR of the loan and mortgage.
Most people know buying stock or real estate to have their money grows. But especially for stock trading, you have the risk of losing money. Many people lost a lot of money in stock trading.
If you like to sell products, there are two ways to sell it. You can sell it on auctions like ebay or you can sell it by setting up an online store of your own. There are advantages of both of them.
Usually buying real estate have a less probability to lose money. But it does not mean your money will definitely grow. Even your money did grow, it is not necessarily grows as the way you expected. Putting your money in the smart place is what money management all about.
Take, I pray thee, my blessing that is brought to thee; because God hath dealt graciously with me, and because I have enough. And he urged him, and he took it.
And he said unto him, My lord knoweth that the children are tender, and the flocks and herds with young are with and if men should overdrive them one day, all the flock will die.
It is said there is no free lunch. That is exactly right. There is nothing absolutely free. But with the internet, you can really get free stuff. Everybody know that you can get free information. Some people may say information is nothing. But they will soon be proved wrong. Information is money. Half step quicker in getting the information may make you rich. Thus, there is some free lunch on the net. But it is not absolutely free. It takes your time, your brain and even your invest.
Sometimes you need to borrow money. Most people in the US have all kinds of loans, car loan, house loan and so on. If you want to run a business, you might also need business loans. It's an art to borrow money smartly.
We all know APR is the most important factor in a loan. But that are also some other factors are important. Do you know that some loan are compounded daily instead of monthly? That will make a big difference under the same APR.
