Invest or Save? steemCreated with Sketch.

in busy •  5 years ago  (edited)

Both savings and investments are very important. However, in a country like mine where the value of the currency keeps depreciating, long term savings could be disastrous. In this case, savings can only be good just to have a back up money.

Investing your money is good, but it requires discretion. Investment is whole package full of risks, but taking unnecessary risk while investing your money would be equal to wasting your money. Before you invest your money into any business or project, do an extensive research on it.

You can diligently combine both investments and savings. Some opportunities are available only to those who have disposable cash at a given time. Without savings, such opportunities would pass you by.

Study yourself and your environment to know what would work best for you.

Thanks for reading and have a great day ahead.

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Thanks for coming back it was just like when we where investing in steem without knowing the full story, but now we know better

It's well.