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.
I want to add a little to your opinion about investing, for me the best and most profitable investment is real estate, because I see its value continues to increase, very interesting for me
What do you think?
is there a more profitable investment?
I think there is misconception in real estate, you will only become profitable in your investment if you have basic knowledge and foundation on specific asset or the type of investment that you will make like for example real estate. People think that the value of land and houses are continuing to increase but it is not true because there are some properties that are depreciating where it losses its value over period of time. Most of the houses and land that are prone to flood and some natural disaster are the assets that are most likely to depreciate because of its geographical location. Actually I plan to enter in real estate market in the next few years but I admitted that my knowledge and my experiences are still not enough and it is the reason why I need to invest in my knowledge first. In terms of profitable investment, just choose what assets that fitted to your skills and characteristics. For example if you are good with technical analysis then focus on trading securities, stocks and cryptocurrencies.