Post
Topic
Board Economics
Merits 4 from 1 user
Re: Use your money wisely. Invest or Deposit ?
by
Koadharber
on 08/01/2023, 22:25:50 UTC
⭐ Merited by Mahanton (4)
I will choose to deposit half of the money in the bank. Invest the other half of your money. Because some of the money in the investment cannot be credited to the account quickly, I can use the money in the deposit when I need money for any emergencies. In fact, so do I. Half of my salary is saved and half is invested. I don't have any desire to buy now with inflation. I just wish I had more and more money.
Even how much we do hate up banks but still it would really be that still ideal to trust or store money on banks and the rest of the part would be invested.We cant just make that all in kind of decision
on which we do go all in with investment since we know that there are circumstances in life which you cant really be able to tell specially on emergencies and if you dont have some fiat
then you couldnt always pull off with your current investment specially if its on crypto where you cant be sure whether you are still on negative or positive.
This is why it would be sensible that you should know to have some allocation at least.