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You Don’t Become Rich By Consuming
Wednesday, November 21, 2012 19:52
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You don’t become rich by consuming. You need capital formation. Unlike investing in a factory to earn profits and repay your loan, consumer credit is totally different. You spend it once, and you have merely advanced expenditure from the future. – in Gold Seek
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
2012-11-21 19:20:31
Source: http://faber-blog.blogspot.com/2012/11/you-dont-become-rich-by-consuming.html
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