I do both.
Half of my money goes to investments, and rest of my money is for savings.
This way I feel it's the best for me.
Yes, right. I also do both. but I think the people will do both, because if puts all money in investment its very high risks.
and put all money in saving is not a wise decision. do both is a safe choice that people usually do, but lots of people like to take risk and put all of their money, even loan more to invest.
Without taking risk you can't fulfil your thirst of earning more. Yeah both were required because if you save or invest major earning, you feel difficulty with present time living. Everything needs to be done to a limit to have a healthy and wealthy living.
we did have to take a risk. but we must also consider the impact if we put all our money for investment.
because if we do not take risks, we do not know whether we will succeed or fail.
Each and every investment comes with an risk, no investment promises us success in future, its an individual decision either to for savings or an investments.
Yeah you are right, every investment always have a risk. That's why you need to do research before you invest on that thing. And i think you also need to save money. maybe like half for save money andn half for invest.
The reality to this is, if they dont even do their homework properly, they wont be able to recover from it.
Eg: they run a startup not knowing the cost and taking 1 bad hit of a business mistake can cost you to never play again.
Think it as a game, you got 1 token, that 1 token is the level of how much can afford to lose and come back in. This is why you see people filing for bankruptcy, but theres a limit to that and its minimum wait for several years.