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Penny Millionaire Lottery
Penny Millionaire Lottery The term means the measure of the physical level of the person, and is the result of the total wealth, less physical or obligations owed money. The person will be in a good position if his net worth in a positive case, but if he was negative working to resolve it.
This concept refers to the increase in the prices of goods and services over time. Historically, the inflation rate is 3 percent a year. With the increase in prices due to inflation, the power of money people start to back down. For those who wish to build a good use of the wealth of inflation accounts even knows whether his salary kept pace with the annual inflation rate.
Liquidity is the readiness of the Penny Millionaire Lottery funds, and cash is the most ready of the person, where it can be accessed directly, and the contingency fund should be in a cash account, it should be available quickly in times of emergency.
When it comes to saving money, the interest means that the money will work for the owner. When a person puts his money in a savings account in the bank so the bank lends it money. The interest is what gives him the bank in exchange for borrowed from you, a proportion that may increase or decrease based on the state’s economy. When borrowing from the bank it is the longer repayment period increased interest paid for it.
5. Compound Interest
Compound interest is the interest for the benefit of the person. With the passage of time, money in the account will gain the Penny Millionaire benefits, and the total of those benefits will gain benefits for himself and so on. Example: If someone deposited $100 annual interest rate of 7 percent, after a year will have the amount of $107, and the following year will earn another 7 percent on the amount of $ 107, so the gain of $7.49 instead of $7.
6. market trend
Bull market is a market in which the stock goes up by 20 percent from the low levels, which means that the economy is in good condition.
7. Bear Market
Bear market is the opposite of a bull market, where stock goes down by 20 percent from the high levels, and declining stock prices, and the economy is in a state of decline.
8. risk-taking ability
The level of Penny Millionaire Lottery risk is the ability to withstand market volatility, whether high or low, and this ability is not only an emotional ability; It depends on the length of time available for a person to invest (old) and the prospects for future profits http://pennymillionaires.co/ and assets owned and that have not invested, such as his home or his legacy.
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