Post
Topic
Board Economics
Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and...
by
DevilSlayer
on 06/11/2020, 03:52:29 UTC
I always telling a lot of people to make investment for them to achieve financial freedom,  more than 50% of people in my country doesn't have investments and it is the reason why the poverty rate in my country are so high. A lot of people are also want to save their money in banks than to invest it. Actually before, the annual bank interest in my country is 0.25% but now it become more smaller because the current annual bank interest is now 0.125%. Imagine that kind of interest. It is like the bank is making more gains in the money that you deposited to them.

The average gain of the index in my country is more than 40%. Look how big is the difference of the interest rate that the banks are giving to their customers. Investing while having good education can help our lives to get better.