If you are buying a stock then there is actually a possibility that you might be any dividends or even interest on it. This is not usually the case when you are putting it in the bank.
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Investing in stocks can be a wonderful method to build your money because they often offer larger returns than bank deposits do. A portion of ownership in a firm is what you purchase when you buy stock, and if the business succeeds, the valuation of your stock will rise, allowing you to sell it for a gain.Depositimg your money in the bank is not advisable because it doesn't increase in value. Infact, other economic indicators might like inflation wil reduce its value over time. Put it into stocks as an investment. You can get dividends paid to you or own shares in the company. The latter is better and more profitable
there are also risk factors that are associated in investing on the stock market and you should also take that into cognizance as well when making your projections so as not to be dissapointed in the future.Investing in stocks can be a wonderful method to build your money because they often offer larger returns than bank deposits do. A portion of ownership in a firm is what you purchase when you buy stock, and if the business succeeds, the valuation of your stock will rise, allowing you to sell it for a gain.
You made a good point, saving money during inflations is like wasting it, instead try to invest it in something profitable like stocks or crypto that could generate profits for you.As I frequently say, saving money is the same as squandering it. If you do nothing with your time, you are wasting it. Consequently, invest your money carefully in a source that you can trust.