Post
Topic
Board Economics
Re: Why we should prioritize investment over saving
by
lizarder
on 19/02/2024, 08:07:32 UTC
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.
Save enough and put the rest into investments so that the money we have can be more productive and if investing doesn't make you confident then building a business can also be a good decision. Because the money we have can produce much more productive profits than saving. It is better to prioritize investing or building a business rather than saving all the money we have, but savings are still very necessary because there are times when we need money unpredictably.

Investing in bitcoin, gold or land is the right choice because these three investments can maintain value. Moreover, this investment can also provide profits in the midst of inflation and people will not lose the value of the money they have. Accuracy must be done so that the money we have is much more productive in generating profits in the long term.