Post
Topic
Board Economics
Re: Do your work.
by
Cryptomultiplier
on 19/01/2023, 21:57:32 UTC
We all have different occupations and work for different companies. We work hard and keep improving ourselves to show our company owner how good we are at our work and how efficient we can be in growing the company. But all we are doing is helping grow someone else's companies. All our talent and struggle is to help someone else earn more money. What are we doing for ourselves? At some point in our life, we must grow our own businesses for our own safety.

The title "Do your work" refers to growing your own business. We all have some skills in different sectors and we use all of our energy to work for a company and get a monthly salary. But we are not supposed to work for that company till death. so how will we bear our living expenses after retirement? Most people do not think about that.

You can say yes they do. They do monthly savings for their retirement plan.

But this is not savings or investment. Your fiat currencies lose value every year. So Your 30 years of saving will be the same in numbers but not in values.

So what can we do then? We have so little to grow a business.

Invest your saving in precious metals like gold and silver or digital assets like bitcoin, or it can in some potential stock or it can be in real estate. Invest your money where ever you want. Just do not keep it in a bank. The Bank interest rate is not higher than the inflation. You are losing money not gaining it. The point is to invest even if your saving is negligible.

Well said OP, I could almost swear you knew me in person, because what you just posted is more or less a projection of my thought. 
When they say one should water his/her garden, it simply refers to what you have said and anyone who regards growth mostly as concerns value, is and will  be given special accolades for the contribution to humanity in respect to the excellence he/she has achieved in becoming successful at an endeavor which somehow contributes to society.