Quote from: fuguebtc on Today at 01:34:14 PM

Quote from: Teraboy on Today at 04:27:00 AM

The word saving equates to giving money into custody for no interest at all these days.
People should consider investing to be the new saving. Bascially you are losing money if you don't invest and if you are losing money you ain't saving anything buddy.
That's why people need to wake up and invest.

In my opinion, saving and investing are different, so we should not consider investing as a new form of saving, and only know invest and ignore saving. Remember that investing is risky, there is no guarantee that it will always be profitable. Meanwhile , saving does not help us increase our assets, even our money depreciates over time, but at least it does not make us bankrupt or lose all our assets like investing. Therefore, both are important and we should have both, not risk choosing either one .

Yes, that's right. We have to do both to achieve financial goals in the future. Investing alone is also wrong, because investment prices are unpredictable, let alone crypto investments, so never ignore savings either. Because saving and investing are very important for each of us so that our financial management in the future is more effective and with that the goal of achieving long-term finances can be realized.

Because by saving, it means helping us create emergency funds and meet the needs to live in the short term, while investing allows our assets to grow so that we can achieve greater financial goals in the long term.

In essence, savings and investments must be carried out simultaneously because both are part of a good financial strategy to achieve financial freedom, both in the short and long term. In other words, savings are the foundation of finance while investment is for asset growth.