Quote from: Adams0001 on Today at 06:41:38 PM

Quote from: nimethasa on March 12, 2024, 11:02:54 PM

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

Saving money is not a bad thing, but if you want to expand your money you need start investing. You need to save money before you can invest in real estate or cryptocurrency some people save money for emergencies or family troubles. Because any money you save will still be returned to you, but if you invest in it and the market does not go well and your fund you invest as reduced, and you need money quickly to solve your problem, and the money you invest is down, what can you do to get the money back, You will likely start borrowing money to add to solve your issue.

That is why it is best to find a source of funding so that you do not run into any problems when you begin your investment adventure and do not touch the funds of your investment. In my opinion, both saving and investing are beneficial since you never know what will happen if you invest all of your money and do not save any. He will cause you to borrow when you do not have any money to recover.

There are people who want their money to grow through the investments they see, because there are many tools that can be used to make money. In fact, we just have to be wise in choosing the investments that we make because there are just as many Ponze schemes and scammers running around.

Now, in terms of savings, that's fine if we're talking about security, and when you go to another country, you also need to have a bank account in the bank. But it is still better for our investment to really put our capital into something like cryptocurrency or bitcoin.