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Who could be the good Investor? Why is it important to invest rather than to keep all the money in the bank? |
Is it the money you seek for ,or the people who have the money? okay let me give you an example: Often the purchasing power of your money in the bank shrinks as the interest rate offered by the bank is lower than that of inflation. It is integral to invest to ensure your money and its purchasing power grows over time. Keeping money in the bank is saving. Savings interests rates are usually similar to inflation rates, sometimes less. So, essentially, you don't get any real return; instead you make the bank more money because they charge you monthly fees for keeping your cash there. You end up losing your funds gradually, if you let your money stay in a savings account for a long time. |
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