Post
Topic
Board Economics
Re: Why we should prioritize investment over saving
by
tottong
on 10/02/2024, 16:58:49 UTC
Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.

Saving keeps your money from moving to generate profits and conversely the value of the money we save continues to lose value.
Investment has two potentials, generating profits if executed correctly by choosing one of the best investments ever, losses if the investment is carried out not based on correct knowledge because along the way we choose several things that make the investment a loss.
However, both must be implemented because in my opinion savings are also needed to meet certain needs and investment is a way of preparing for a better financial stage in the future.