Insurance is designed to spread the risk of loss among many people. Insurance anticipates loss and is designed to manage the expense of replacing lost value in terms of assets or revenues. Insurance is therefore not designed to be a…
Articles about Questions
Articles that answer questions about building wealth.
What is the Difference Between Gambling and Investing?
Gambling is defined as placing a valued asset (usually money) at risk of being lost in exchange for the opportunity to gain more valued assets (usually money) based on the outcome of a random or unpredictable event, such as a…