Quote from: ChiBitCTy on Today at 09:40:46 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

This is short sided and not necessarily true. It all depends on the rate of inflation. "Saving" money can also mean several different things. Right now here in the United States you can find savings accounts paying around 4-5%. If inflation is say , 3%, then technically you aren't losing anything. There are some sort term CDs that beat the rate of inflation currently. Again, savings can mean a lot of different things.

Yes if a country has a low inflation rate and a good amount of interest is available from the bank then saving is not bad. Because he will get a good profit in addition to the value of his money. But saving in a country where bank APR rate is low and inflation rate is high is unwise. Investment is somewhat risky but in any case it is good investment because it holds the value of the money and brings a lot of returns. Which savings can never do. So one should consider the situation of each place and then decide who should make savings and who should investment