If you have money, you can do two things, one, start your own business, and two, start investing in the market. If you want to start a business, you also need knowledge and skills to run the business, however, investing only requires you to identify the profitable assets based on market research. By the what do you do, start your own business, or invest in the market.
Investing vs. Starting Your Own Business
- Thread starter nomad
- Start date
As I do not have any good business idea, if I have money, I prefer to invest in the market. I would buy dividend-paying blue chip stocks, bonds and mutual funds.
I think there are times when we have to consider investment because we do not have enough knowledge to run a business so we should just focus on investment but people that can run a business should run it
I know that it can be seen as an investment but there are times when it is not advisable to start your own business when you do not have enough knowledge to run it so it is just better to invest in someone else's business
If you have enough expertise in a particular field that you think would work, you can move ahead to start your business and patiently grow it.
I get your point. A business cannot be operational if not being committed with it seriously. It is a matter of taking it like a child that needs to grow and matured.
You have a point. As long as the owned business is in prosper, he or she can still have other options to maximize things with great opportunities out there.
