Post
Topic
Board Economics
Re: Do your work.
by
cozytrade
on 27/03/2023, 21:10:52 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.


I think it's time for us to think smart, active work or income is only enough for short-term needs, if there is a sudden need or no longer working then we will experience bankruptcy, use the money to invest as much as possible, you can also start with small values, don't be tempted to shop or buy non-essential items such as sophisticated gadgets, luxury vehicles and so on that are not an urgent need.
I have been thinking about investing in different places for several days. Because now I am living a luxurious life with the money I get from working.  If I don't have any income, the wealth will be useful for me. But I have no idea where I should invest it. So if anyone is good at this matter, please advise me. It will be good for me.