Post
Topic
Board Trading Discussion
Re: Savings Vs Investment?
by
whirlcoin
on 28/06/2019, 20:57:37 UTC
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.
I think both are same but how people will manage the investment and savings in a same direction because the savings also been an investment in sometimes the investment is also a savings so that the the goal is same for everyone.