Quote from: fredericktaylor on July 06, 2025, 12:39:30 PM

There are several logical reasons behind depositing our life savings in a bank account, such as:
It keeps it safe and secure from theft.
It changes the standard of living and makes transactions easier.
To get social and mental peace.
To get government legal recognition and benefits.
To get interest monthly or annually.

There may be some other reasons, mainly to enjoy these benefits, a person deposits all his life savings in the bank.
from my point of view, just saving is not enough, it is the right time to think about where and how you are doing it. these reasons can bring big risks in our life at one time so we should be very careful. we can save some money in the bank for our family expenses and emergency fund but not all our life savings.

Suppose the bank goes bankrupt after keeping our life's hard-earned savings in the bank for 10 or 15 years, in that case I will have to accept the loss. Have you ever thought that your entire life's hard-earned savings can be gone in a moment, if that happens, you cannot do anything against the bank or the government, you have no control over your assets, its value can be gone in a moment. If we can divide our assets into several parts by taking precautions in the future, it can be safe and profitable.

Invest 25% in land
25% in gold
35% in Bitcoin
15% can be invested in the bank for financial expenses and emergency fund expenses if necessary.

There are also reasons behind investing in three places. no matter how many digital currencies are created in the world, the use of assets will last a lifetime, so its value will never decrease and will increase over time. Gold has been used since ancient times, its value has not decreased till today and will never decrease in the future, so investing in gold is safe. the use of technology is increasing over time and will increase further in the future, Bitcoin is a proof of that. there are risks in investing in Bitcoin, but if you invest correctly, it is possible to reduce the risk, especially in the case of long-term investments. the way people around the world are becoming aware of the use of Bitcoin and are inclined to invest, it is understood that over time people are increasing their confidence in Bitcoin. from my point of view, being aware of these issues will help us protect the wealth we have accumulated throughout our lives, use it correctly, and face difficult times in the future.

Actually saving is not enough if you have the ability. If someone has the ability to diversify into more different assets, then it is a good idea for him. Diversification can be done by proper financial management, as you said, land, gold, bitcoin, etc. We know that if you buy land, its value increases over time, that is, buying land later becomes a good asset. Gold has been very valuable since ancient times, and if we talk about technology-based and digital assets today, then bitcoin is the best. However, before you diversify, you should keep in mind the aspect of financial awareness. It is better to make decisions with knowledge and planning while maintaining your financial security.