Post
Topic
Board Economics
Re: A lot wealthy people not smart they just use debt
by
MissNonFall9
on 12/07/2024, 06:09:25 UTC
In today's market, the more capital one has the higher the rate of return on investment. That is why we must seize the opportunity when our own capital becomes a major obstacle to our greater productivity. So having complete knowledge about debt management and working accordingly we need to utilize our business ideas so that success comes to our doorstep.

Rich people are now thinking about developing their business, going into debt is not because they are not smart, by taking loans they are trying to expand their own business, that way they will expand their business network so that they can easily cover their loans, because the more capital they spend on expand their business, the more profits they can achieve, so thanks to their extensive network they can easily compete with the market, they take out loans after their market is stable and they can also allocate their funds well and in an orderly manner, they must also be able to organize financial management them as best as possible so that they are not harmed by the proceeds of the loan.
Every businessman is a little more intelligent than the common people because in order to do business a lot of thinking research observation and vision needs to be done. Moreover it is never possible to make a profit in business. The issue of debt is a matter of deeper thinking research and foresight because businesses are for profit now if they can't make a profit with debt then there is no need to take debt. They take recourse to debt so that they can profit from it without spending their own capital. So do not know if they are smart but they are intelligent compared to other common people.