Post
Topic
Board Economics
Re: Why we should prioritize investment over saving
by
invo
on 13/02/2024, 19:22:16 UTC
If we want to earn income many times over, of course investment is our choice. If they are already playing in the business world, they don't have any assets to save in the form of savings. On average, they invest in fields that can provide greater profits, so we Everyone must be clever in seeking profits, even though the risk of investing is greater than saving, the results we get from investing are sometimes beyond our predictions.
If someone is in business, they definitely have savings, but 70 or 80 percent of it is diverted to business. It is much better for the money we have to invest than to save. It is better to grow or develop our money than just in the bank.

In my opinion, investment is the same as doing business, even though investment and business both have very big risks and if they are successful then the profits are extraordinary, usually someone has to be patient in managing these two things if they want to be successful. in the future.



That's what other people find it hard to understand. Investing your money is a much more profitable approach than simply saving it. Money should be utilized to generate more money, rather than simply being stored away for years without any growth. Failing to make use of your money means you're missing out on potential earnings.