Short Term Profit Or Long Term Gain

in hive-196037 •  2 years ago 


Is it better to focus on long-term gain or short-term profit? If you invest and think for the long run, that's great. But you need to generate cash inflow. You have a family to take care of, you have to rent, utility bills, and so on.

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If you cannot make short-term profits or generate cash inflow, it will be difficult to meet your daily expenses. From a business perspective, it is the same. You have to have sufficient cash inflow, otherwise, you cannot run your business. On the other hand, you have to invest for the long term to build wealth. Having a combination of short-term and long-term is always better.

Let's watch this video. Please feel free to leave your comments below. Thank you for watching the video.

Source: 1, and 2.
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