Post
Topic
Board Economics
Re: Why we should prioritize investment over saving
by
Fatunad
on 13/02/2024, 12:49:38 UTC
Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.
Investing means growing our money but some people prefer to save their money because they are uncertain about what kind of investment they will choose. Lack of investment knowledge would somehow affect their mindset and fuel their fear which I think was a good decision rather than losing our money. Investing should not be taken too easily as it gives a huge responsibility to the investor. Let us just do this if we think we can do it well but never try if doubts are in your mind.


Saving rather than on risking on something which you dont know even about is really just that a good call or something that would really be just that worth on doing so. Instead of taking up some risks without having any knowledge is really just that pure gambling on which it isnt really that recommended on doing so. This is why it would really be that best that you should really be knowing on the things that you are really that dealing with.
Making up some viable decisions will really be needing that corresponding analysis and wise selection on which you would really be that pertaining whether you are really that able to make yourself
that be benefited or not. If you cant bare up with the risks then better save and stop on dealing with it, but if you do saw that you do have the chance then its not really that bad to try.

We do know that when it comes or talks about investment then it would really be giving out that kind of opportunity for you to have a life which would really be
having no problems when it comes to financial aspects on which this is something that you would really be needing to consider it out first.