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Your most powerful wealth-building tool is your income. Invest $100 a month from age 25 to age 65 and you'll have $1,176,000. A hundred bucks a month. Nothing fancy, nothing complicated. So when you send a car company $500 a month for 40 years because car payments are normal, you're not driving a $40,000 car. You're driving a $5 million car.
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PART 1 - Sharing my thoughts about the recent Dangote Refinery IPO. First, understand that stocks are risky, and you can either make money or lose money, no matter how attractive the business model looks. The business owners also serve as chief marketing officers, and they are incentivized to say whatever is necessary to make people believe in them. #financialliteracy #investing #moneytips
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