Post
Topic
Board Economics
Re: Do you believe in savings or investment
by
indah rezqi
on 28/03/2024, 20:35:04 UTC
Without investment there will be no progress towards becoming rich, but doing the courage to take risks then there is no change at all.

Yahh that's right we can't fully invest all the money we have to maintain a balance so that it's all what is needed, with an emergency fund you will not cross out the ongoing investment so when there is no emergency fund investment funds will be withdrawn to make needs even though it is not on target.

With investment we are free to choose with high / low risk but with high risk they will be faster to get rich but it's not a matter of easy or not it depends on how you do it because it requires skills that are mastered.
The best and fastest way to achieve financial freedom is to invest. Talking about risk, of course we realize that there is no activity without risk. Courage in taking risks lies in mature calculations, the more someone understands about the form of investment being made, the more courageous they are to take risks. That's right, we also have to make good calculations by dividing the amount of money we want to invest, lest along the way we have to change our decision again because of one thing or another.

Personally, I see that everyone who has a fixed income can invest in the long term, by dividing their income into several parts. Every month we can increase the value, in my opinion this is better than saving, where the money we have will not increase. On the other hand, with the convenience of today technological advances, we can easily access information to learn about investment types and models and the risks involved if you want to start it.