For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension.
Savings is also a very good way of minimizing waste of money and most workers you talk about prefer to save than invest because of the level of risk involved in investing. When saving there is really no risk involved as no profit is expected from saving money but when investing you take risk of running at loss as you are presented with the opportunity to make profits from the investment and so your investment could move either way. With this some workers are not really ready to take the risk of losing their money so they don’t end up losing part of their money or pension which they would have obviously budgeted for something else.
What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
Investment is something that go either way making a person run at loss or at profit so with it’s uncertainty if those savings are turned into investments anything can actually happen, they could end in profit making the investor earn so much for himself and also there is every possible that they end up in loss. Both savings and investments have their own benefits and for such workers I don’t think they would be willing to go for investment because investment entails investing money you can afford to lose and no worker would be willing to lose their pension.
it could be it's better to have investment than savings.
I think regarding this you should rather speak for yourself because not everyone is willing to take the risk to invest and not everyone have the mindset to withstand the risk. Also we are humans and everyone will definitely have different preferences so some will tell you they prefer to go for savings than investments. I myself prefer investment to savings because i like taking risks and having fun and i kinda see savings like a boring thing.