Your best friend is inviting you to invest on his new


Your best friend is inviting you to invest on his new business idea. He argues that he can beat whatever return you are getting from your pension fund. He is asking you to invest $50,000 today and promises to pay you back $100,000 in ten years. If your pension yields 8% per year on average, should you be investing with your friend instead?

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Finance Basics: Your best friend is inviting you to invest on his new
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