Post
Topic
Board Economics
Re: saving vs investing - minimalism vs frugality
by
barisbilgili
on 19/02/2024, 07:20:56 UTC
Investing is not as easy as imagined, we have to study it first to know the advantages and disadvantages or risks. In general, investing is more profitable than saving, but it also carries greater risks, until the capital runs out. Therefore, risk management is required for investing. However, saving is also not worse than a consumptive lifestyle, considering that the money will run out without a trace. Therefore, as a young person, don't be lazy about learning about investing
Investing is indeed more profitable than saving, but we also have to know the risks, saving has almost no risk, but investing has very big risks, but it will all be worth it with all the possible benefits that can be obtained.

Of course, when compared, investment is much better, but we also have to study it before deciding to invest in order to minimize risk.
There are many things that need to be prepared before deciding to invest and these steps will determine the investment we make.