M.C. Laubscher Discusses Saving, Investing, Speculating and Gambling
In this episode I discuss the concepts of saving, investing, speculating and gambling. There is a lot of misinformation about these concepts in our society and financial media, but what do they really mean? In our discussion, we find that a lot of people that think they are saving, are not saving but investing unknowingly and possibly even gambling.
It is extremely dangerous not to know the difference between these terms and concepts and really important to know exactly when you put your money in a savings, investment, speculative or gambling vehicle.
M.C. Laubscher is the President and Chief Executive Officer of Producers Wealth and the creator & host of the top-rated business, investing and business podcast, Cashflow Ninja.
M.C. has created a system for investors, entrepreneurs, business owners and professionals to create, protect, and multiply their wealth in ANY Economy and Outside of Wall Street.
In the Cashflow Ninja podcast, M.C. and his guests share how to create income streams in the new economy and information age. They look at real estate, businesses, paper assets, commodities like gold, silver and oil, and also crypto and blockchain assets.
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