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Why it's OK to like money | Michael Taylor | TEDxNewcastleUniversity
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The stock market is no different from sitting behind the wheel of a car for the first time - it can seem scary until we understand how it works and how to invest sensibly. The narrative of stock markets being risky due to stock market crashes have scared many investors out of the market. Unfortunately, many of them then missed the opportunity to grow their wealth as those same 'risky' stock markets rallied and increased in value over the long term. You don’t need to be rich to invest in the stock market. Everyone can (and should, situation permitting) invest in stocks.
We are taught from an early age that it’s wrong to like money. Michael Taylor believes that a healthy relationship with money and an understanding of personal finance is in everyone's best interests. In this talk, he shows the importance of long-term investing for wealth building and why keeping our savings in a bank account can see those savings slowly erode in value.
We are taught from an early age that it’s wrong to like money. Michael Taylor believes that a healthy relationship with money and an understanding of personal finance is in everyone's best interests. In this talk, he shows the importance of long-term investing for wealth building and why keeping our savings in a bank account can see those savings slowly erode in value.
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