Post
Topic
Board Economics
Re: Do you believe in savings or investment
by
red4slash
on 15/04/2024, 21:53:02 UTC
Actually when talking about the strength of value I don't think it matters whether it is long or short term because everything plays the same role where the value will definitely decrease whether it is for the long term or the short term which only ranges from a few years of therapy on the other hand we must be aware that even though for Fiat it is certain in terms of value it will decrease still we cannot let go of it even though it becomes a loss for us because after all it is a thing that must exist in the end considering the needs we have until now are still based on Fiat so inevitably it still has to exist and allows it to be owned so that the needs we need either unexpectedly or unexpectedly can still be anticipated quickly so that in the end saving money in Fiat still has to be done.

No offense, but I will say frankly that if you pay attention, only people who don't have a lot of money, those who are dreaming of huge profits from their small investments, say that saving is a waste, bad...I have never seen a rich person, billionaire or businessman say that saving is stupid or a bad idea.

Don't use the excuse of inflation, currency devaluation... and then say saving is a waste. If we have a plan to balance everything in life, we will see the importance of saving and investing.
It doesn't matter because everyone has their own perception and when a billionaire doesn't say saving money is just an act of futility because they realise if they say that then they will indirectly destroy themselves with the statements they say so they are more careful to say a sesnistive thing like this because after all they must be aware that when they become someone rich then they can directly become an influencer for their followers so that all forms of what they say or do will be followed. However, they must be aware that when they become someone who is rich, they can indirectly become influencers for their followers so that all forms of what they say or do will be followed and once the mistake can actually have a fatal impact on themselves so that by looking at it it is very natural when they are careful to do or say a statement that will harm them.

Not saying that saving money is an action that will only reduce the value of the money they have does not mean they do not hate it but they have other options by developing the money they have because it doesnt only have to save . In fact even billionaires who still glorify fiat do not use their money just to save but they develop with business or investment even though they are not in crypto, they still invest in other forms and that is certainly not saving.