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Never Assume Anything

Image by danbri via FlickrThe headline says it all about this next article. You should never assume anything at all. You may assume a few things that has little or no consequences that may befall onto you or anyone for that matter. But when it comes to making financial decisions, assuming can lead to being an @$$. You can't spell assumption without @$$ anyways.

Let's say Guy A has a product that he's just recently discovered that he could sell to the market. Here and there he hears that the some of the lot of people wants to buy that type of product. So he assumes that this product has high demand in the market. He's wrong. Assuming anything can lead to bad results but if Guy A is really lucky, that assumption could be a good thing. A lucky call, one might say. How can you tell if you have made an assumed decision or a confirmed decision?

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This post first appeared on Bruneian Dollar, please read the originial post: here

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