This is the reason is not wise to leave your money in a savings account. A person needs to always invest in a medium that beats inflation.
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This is the reason is not wise to leave your money in a savings account. A person needs to always invest in a medium that beats inflation.
Thanks for reading and commenting. Regarding saving I am not sure. A person want to invest to get more for their money. Saving that give good chances to get the interest and inflation is not always accurately forcast. But I do agree that there are much better investments. I think what is most important is what the impact of the investment on real life.
Saving is only a small portion in the financial literary. In case of an emergency, you need to have only a small portion available quickly. It is different for any human being, but you can have cash flow invested instead of letting it sleep.
Well phrased