Topic: Is Investment better or saving? - page 4. (Read 755 times)
Brief point you should no about comparing and contrasting investment and saving
1. Risky. Investment is Ricky saving is not(excerpt it got stolen)
2. Gains. If you made the right investment the gains are high and there are little or no gains in saving(you rather enriching the banks)
3.Longevity that leads to greater expansion. a good investment can live long and give rise to an empire even be passed to your next generation but savings can only live long according to whole long you keep it
The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.
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