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. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.
For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.
What do you think?
Personally to me, I actually think that in as much as savings of fiat is not a bad thing, it's actually not a good thing to do in this present economy, because their is an enemy to any money being saved up, and that enemy is inflation, just imagine if you are saving for retirement purpose as a civil servants, before the time of retirement, that money you are saving will not have the same value you expected it to be, because inflation has reduced the value.
So the best way to save money is to invest it in anything that appreciate in value overtime, something like Bitcoin, gold, diamond and land, because by doing so, before the time of retirement, your investment will definitely yield dividend for you, because those asset I mentioned appreciate in value overtime, and even if you decide to sell it then, you wouldn't sell at a lower price, you will sell at the current market price, which will be very much profitable for you.