The truth is, not all investments are created equal. Here are 4 of the worst ones you can make—so you can save yourself some time, money, and headaches: Whole Life Insurance It’s sold as an investment, but between the high fees and low returns, it’s usually not worth it. Term life + investing the rest is a much better deal. Timeshares They sound great in theory, but with hefty fees and the hassle of selling them, you’re better off just renting a vacation spot when you need it. New Cars The second you drive it off the lot, it loses value. Why pay top dollar for something that’s worth less by the time you get home? Gold It might sound like a safe bet, but it doesn’t generate any income or grow your money like stocks or real estate can. Play it smart, avoid these traps, and let your money work harder for you!
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