Post
Topic
Board Economics
Re: Saving don't make wealth
by
ancafe
on 01/04/2024, 17:38:33 UTC
Actually all parent not familiar with investing will prefer or advice their children for saving money than investment, most of them scared with investing make us loss. I don't sure with saving can build up the business and develop financial condition behind how drastically face inflation years by years, better change saving to investing not only our save the money from inflation but also we can earn much profitable than saving.
You can compare when holding our money in fiat is not worth yet than investing in some investment kinds despite in cryptocurrency or stock, can earn profitable and increasing our capital exactly when investing in cryptocurrency huge drastically pump year by years since investing on the right moment.
This was definitely done by parents because they didn't really know how to get involved in investing. They are afraid that investment will have a detrimental impact when their children are involved in it and if they are not familiar with investment then they will definitely direct their children to save or develop a business. Even if you don't believe that saving can give anyone the opportunity to develop a business, I have seen my younger brother directly and now he has been running the business for five years.

Saving will not benefit anyone, but saving gives us the opportunity to develop our business, because we have the capital to run it. Unless we save forever and the money is not used for other needs, the money we have will never be able to provide any benefits. If you understand investment patterns and have money, it will be much better because you can generate profits rather than saving.