Quote from: Apocollapse on August 26, 2024, 10:08:50 AM

It's more than that, many people are scared of volatility, but they didn't scared to see their money lose over time.

People think investing in time deposits, bonds and gold can make their money grow, but actually they still lose their money even though not as high as savings.

What is more than what he said? And what you said there is actually the ones that he was talking about. Though those people got a point or I mean they are right that we should not be scared especially about the volatility because it is actually the ones that can help us to make money. It is when there is a drop in price we can buy low and then sell high once it moves upwards again.

You cannot compare saving with investing because in investing, we are not totally a loser as long as we don't sell but in saving, we can be a permanent loser due to inflation.

Quote from: Apocollapse on August 26, 2024, 10:08:50 AM

That's why dumb phones is rising.

That's witty! Now I know why you use an old phone there in your pic because they are also dumb compared to the phones now, that is why they are called as smart phones but it can as well make us dumb if we will use it the wrong way or became a slave to it.