However the investments your money is likely to grow as it earns some return on investment, profits where as with the savings it's literally keeping your money in a bank account which may unnecessarily earn anything.
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Indeed, we have to do both of them, saving and investment are really important today, covid19 teaches us a lot of things and covid19 teach me to make my first investment in the stock market, there's always a first time for everything, right? and I'll take my first timeInvestment is critical and so is savings, meaning that it is very important to save and to invest at the same time.
That's fine, in fact as you say we have to do both and you are right, in addition the best investments are made with the money saved, since you will have more cautious of how to use it since it is hard-earned money and not for example invest by borrowing.Indeed, we have to do both of them, saving and investment are really important today, covid19 teaches us a lot of things and covid19 teach me to make my first investment in the stock market, there's always a first time for everything, right? and I'll take my first time
Yes, great results and life-changing money comes in the long term in investments, in the short term it is very difficult to achieve decent results, but it is not impossible, but you have the right mentality, I am glad that it is.indeed my friend @riberet19 saving for long-term and short-term goals, it is based on the occasion for sure, but for investment, I do it for long-term goals (even in the stock markets sometimes I do short time things to depends on the condition of the market