Post
Topic
Board Economics
Re: Savings and Investment, and how it can affect standard of living.
by
Jatiluhung
on 14/07/2025, 17:12:17 UTC
People who enjoy saving can only provide temporary relief, and they will never become wealthy if they only save fiat money. Meanwhile, those who think intelligently are the wealthy who truly enjoy making their money work for them year after year, whether by investing it in investments like Bitcoin or investing it in businesses that generate greater profits each month. Therefore, everyone needs to see how the rich work so that we too can advance financially in our own lives and ultimately become successful.
Well, simply saving in fiat isn't impossible, but it's also true that fiat savings will ultimately result in losses for the saver. Because fiat savings will only depreciate in the long term due to inflation. So, I think saving in fiat is a mistake that should never be made. Except for emergency funds and such. But for future savings, it's not recommended at all. Saving in gold would be better. And it would be even better if we invest like the rich do. Because that way, we can expect growth for a better future, even though there are still risks involved.