Post
Topic
Board Economics
Re: Saving don't make wealth
by
lizarder
on 27/03/2024, 21:10:20 UTC
That's a very good example, Lambo is a shrinking asset that every year the price will continue to slowly disappear. Investing or saving is a wise step to increase wealth or become a financially free person. It's true, we have to be active learner to be wise in managing the money we have, and the learning process will not be easy. Even though I get a small profit, I think there's no harm in starting now.
A person's attitude in making decisions towards financial wealth must have the criteria that must be carried out and if people do not dare to take risks and nothing is at stake then never expect to reach the desired wealth stage. Investing or saving has a different meaning and investment must be done responsibly so as not to lose money because of the decision error taken.

There are many investments that do not produce because people do not master the way and that is why when people undergo investment have considered their decisions well. But without betting and not daring to take risks there will be no results we can get. Especially if someone does not have a financial resource in carrying out investment then to achieve financial success will be much more difficult.