Unexpected money can help get rid of an outstanding debt – but have you considered the reasons you might be better off putting the money into an investment, even at a lower interest rate?
For the average person with some money to invest, a recession can be a golden opportunity. As the economy slows, prices of stocks fall across the board, even for companies not directly affected by the cause of the economic collapse. As a result, for those who can afford to do so, investing at this time [...]
Elie Kochman is the author of Advice for Small Business Owners and the founder of Optimal Upgrade Consulting. Using his experience working in the corporate world along with his exposure to the world of small businesses, he writes these articles to assist others avoiding common pitfalls of growing a business. His experience in the corporate world, building his own business, and working directly with other growing businesses has given him some perspective on the trials and pains of running a business.
