Quote from: Alisha-k on Today at 08:47:34 AM

Quote from: koleusdat on May 09, 2023, 12:06:13 PM

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

Gold will give you in a very short while what money in the bank will never give you even after 15years of depositing your money with them, the bank would rather take from you in the name of charging you for unnecessary activities

Gold is actually a good long term investment so if you're planning to save money then it would be better in gold than bank. Not only the bank would benefit from you but also you've gained nothing as you just stored your money. I think it would be better to invest by just buying not on the bank to avoid many fees and transactions which is hassle.