Post
Topic
Board Economics
Re: The world's logic favours income makers, not the savers
by
Antotena
on 20/01/2024, 15:46:15 UTC
Moral of the story: don't save money for more than one month. As soon as you accumulated some amount of fiat, put it into an investment and make it generate passive income for you, although you should avoid banking investments, since they usually pay below the inflation. Go for Bitcoin and assets when there isn't enough money to invest in something bigger. There is no assurance you will defeat the evil rigged system which smash common citizens, but at least you will be trying to overcome it...

The way you guys explain investment looks too real and easy but you should know that it's possible to invest and don't make anything at all or even make losses instead of profit. While addressing all this, making wrong moves should be a recommendations when you are dropping these kind of advice for people to read. Trying new things you are not used to and avoiding the ones you are used to is something to be done with carefulness.

Banks are not profitable these days and savings are not worth it again because of inflation but that doesn't guarantee success if you put it in an investment platform that can generate you a passive income, the available ones are even rare to get and mostly scams. I think the idea should be don't save money in banks for long time, it should be utilized in any other form of business or assets that can give you return later when you want the money back for it real use.