money

India
October 13, 2008 7:30am CST
what's the difference between safe money and smart money
1 person likes this
3 responses
@sarojInc (570)
• India
13 Oct 08
Its like the money we put in our banks in low risk funds loike the CDs ,money market checking account fixed deposits ,safe money yield very low interest rates. Its for those who want to keep money for their future security . On the other hand money working for making more money is called smart money . the interest can be like 25% to infinity eg real estate investment ,building a business etc happy myloting
1 person likes this
@janand (156)
• United States
13 Oct 08
hi rakesh, welcome to mylot. i only know smart money. It is the money which works for you rather than you working for it. May be intially u have to work for money. but u should learn the art of making money work for you...For some it is a talent. but others it should be learnt... good luck and happy mylotting
@loxion (1553)
• India
13 Oct 08
I never heard something like that before but i think money is just the same no matter how you made it,it might be from robbing someone or working hard to your income and is just the same.If you hire to go and kill someone i'll definately go as long you gonna pay me and nobody will say "no i can't take your money cause you killed someone to get it"no.